Closing the books on an accounting period is a lengthy and complex process. No matter how complex, it needs to start somewhere. For every company, big or small, it starts with a trial balance. This is ...
The unadjusted trial balance for a company plays an important role in basic accounting entries. This balance is usually reflected on a worksheet that includes all of the entries that aren't accounted ...
When you reach the end of a fiscal quarter, month or year, the numbers recorded in your ledgers are your company's unadjusted trial balance. These figures will become the basis for your financial ...