At the end of each accounting period, a business makes adjustments to certain accounts to update its records before preparing its financial statements. An unadjusted trial balance is a chart that ...

The rows of an accounting worksheet -- also known as a trial balance worksheet -- list the accounts of a small business. The columns represent some of the stages of the accounting cycle, starting with ...

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 ...