Trial Balance to Balance Sheet Tutorial

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Hello everyone! In this video, I fully explain a lesser-known yet crucial accounting report, the Trial Balance. This is not one of the main reports issued by companies in financial reporting, however, it is the basis for all other reports, and the most used by financial statements and tax preparers. this secret tool is an accountant's best friend for any financial statement preparation, financial analysis and detection of errors. It is a list of account balances as any given time. Watch this short video till the end and we will create a balance sheet from a sample trial balance report together.


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