The correct answer is: C. Total and balance method.
The total and balance method is the most common method used for preparing a trial balance. This method involves adding up all the debits and credits in each account, and then listing the totals in two columns, one for debits and one for credits. The trial balance is then used to verify that the total debits equal the total credits.
The total method is a simpler method that involves only adding up the debits and credits in each account. This method is not as accurate as the total and balance method, because it does not take into account the balances in the accounts.
The balance method is a more complex method that involves listing the balances in each account, and then adding up the debits and credits in each column. This method is more accurate than the total method, but it is also more time-consuming.
None of the above is not a correct answer, because the total and balance method is the most common method used for preparing a trial balance.