A trial balance is a listing of a company's accounts and balances. This report may not be the most exciting output of a small business accounting system, but it gives the user a full glimpse of the ...

A balance sheet report representing your company's assets and liabilities should net out to zero between all of the categories. In other words, the sum of your company assets, liabilities and equity ...

Closing the books on an accounting period is a lengthy and complex process. No matter how complex, it needs to start somewhere. For every company, big or small, it starts with a trial balance. This is ...

Opinions expressed by Entrepreneur contributors are their own. One of the tools that can be used to assess the performance of your business or organization is a balance sheet. A balance sheet, which ...