What is the trial budget about❓
What is the trial budget about❓
Trial Balance or Trial Balance after Adjusted Trial Balance is an accounting report made after recording various adjustments. finished to check How much balance does each account have? Both in the part of assets, liabilities, shareholders' equity, income, expenses, which will result in changes in the balance of the original trial balance account. Therefore, after being adjusted. Therefore, it is necessary to create another trial balance to prove the correctness of the accounting.
👉🏻 Must-have information in the trial balance
- Account number
- Account name
- Debit-Credit Amount
👉🏻 Good results obtained from the trial balance.
- Allows bookkeepers to verify the accuracy of accounting records and can see the irregularities that occur in the account
- Can be used to consolidate financial statements in other words Consolidation of financial statements comes from combining the trial balance into numbers. The result is financial statements
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