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 ...

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 ...

Unadjusted and adjusted accounting balances are part of the accounting cycle for any business that reports its financial records. Accountants take the unadjusted accounting numbers and create adjusted ...