5. Adjusted Trial
An adjusted trial balance is a financial statement that lists the balances of all the...
6. Unadjusted Trial Balance
An unadjusted trial balance is a financial statement that lists the balances of all the...
7. Adjusting Entries
Adjusting entries are entries made in the accounting records at the end of an accounting...
8. Closing Entries
Closing entries, also known as closing the books, are journal entries made at the end...
9. Post-Closing Trial Balance
A post-closing trial balance is a report that lists the balances of all permanent accounts...
11. Reversing Entries
Reversing entries, also known as reversing entries, are journal entries made at the beginning of...
12. Compound Entries
Compound entries, also known as compound journal entries, are journal entries that involve more than...
14. Accounting Worksheet
An accounting worksheet is a tool used in the accounting process to assist in the...
15. Accruals & Pre-payments
Accruals and prepayments are accounting concepts that relate to the recognition of revenue and expenses...