Reconcile Balance Sheet Accounts Before Close

Описание к видео Reconcile Balance Sheet Accounts Before Close

In this video, I explain the most important accounting procedure: reconciling balance sheet accounts before closing your books. I'll talk about reconciling cash, receivables, plant, property, and equipment, inventory, accounts payable, payroll withholding accounts, debt, and equity.

0:00 Introduction
0:52 Mystery accounts
2:08 Accounts receivable and payables
3:45 Reconciling bank accounts
4:52 Investment and debt accounts
6:07 Plant, property, and equipment
7:05 Inventory
7:46 Withholding accounts
9:04 Equity accounts
10:39 Revenue and expense account review

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