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 lead trial balance is important in accounting because it helps those responsible for verifying accounting numbers determine whether ledgers are accurate. The lead trial balance provides the ...

The general ledger is a central location for recording all of the financial activity for your business. Accurate ledger activity is essential to ensuring that the financial statements for each period ...