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 ...

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 ...