Bookkeeping

If you do decide to use this method, then you’ll also want to consider performing a physical inventory as a quality assurance check. Truthfully, both retail stores and other types…

Most of the time, it just takes a little digging to find the proper accounts and get that suspense balance back to zero. A trial balance is the closing balance…

Last, a balance sheet is subject to several areas of professional judgement that may materially impact the report. For example, accounts receivable must be continually assessed for impairment and adjusted…