
Accounting Cycle Step 4: Trial Balance
Discusses step 4 of the Accounting Cycle, creating a trial balance, and its relationship to the general ledger before it and reporting processes after it. If you’re interested in a more in depth look, have a look at the accompanying textbook Balancing Act: A Practical Approach to Business Event Based Insights, available for download. Specifically, look at Chapter 5, Accounting. Change in Frequency Steps 1 – 3 … Continue reading Accounting Cycle Step 4: Trial Balance