The preparation of a trial balance is an important step of the accounting cycle. An unadjusted trial balance is prepared to check the accuracy of information posted in the general ledger. The suspense ...
A trial balance is part of the accounting cycle. If the trial balance is equal, then the accountant or bookkeeper can proceed to the next step of the accounting ...
Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...