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How to Prepare an Unadjusted Trial Balance. At the end of each accounting period, a business makes adjustments to certain accounts to update its records before preparing its financial statements.
How to Prepare a Tax-Basis Balance Sheet. Balance-sheet balances carry over from one period to the next. So the ending cash balance from last year will become the beginning cash balance this year ...
Financial statements are a window into the health of your business. Learn how to prepare profit and loss, balance sheet and cash flow reports using QuickBooks.