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 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 ...

Businesses use trial balance sheets to calculate the monthly debits and credits posted in their general ledgers. Debits are the money a business spends or loses, while credits are the money a business ...