The listing of the account names and the sum of the account balances is called a trial balance. All significant accounting items, including as assets, liabilities, equity, revenues, expenses, gains, and losses are tied to the accounts shown on a trial balance.
A trial balance is a financial report that displays the general ledger's closing balances for all accounts at a certain point in time. The first stage in closing the books at the conclusion of an accounting month is to create a trial balance. The trial balance is a financial report that includes the closing balances for all of the company's general ledgers.
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Answer:
that happens to me all the time but what i do, i put acid all over it so it could dissolve then i bury it and on top of it i just put a dead animal on top just in case anyone finds it or i burn it and throw the ashes in the ocean :)
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Answer:
Dr. Cash for 1,100
Cr. Notes receivable for 1,000
Cr. interest revenue for 100