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What's the purpose of a trial balance? #8

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opened 2024-05-10 15:14:11 +02:00 by alex23harry · 0 comments
alex23harry commented 2024-05-10 15:14:11 +02:00
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The trial balance helps make sure all the money coming in (debits) matches all the money going out (credits). It's like double-checking your math to make sure everything adds up correctly. For a CPA firm, this is important because it's the first step in making sure financial statements are accurate before they tell clients or regulators about them.

The trial balance helps make sure all the money coming in (debits) matches all the money going out (credits). It's like double-checking your math to make sure everything adds up correctly. For a CPA firm, this is important because it's the first step in making sure financial statements are accurate before they tell clients or regulators about them.
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Reference: loracarathian090/SEOMarketing#8
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