Complete an updated trial balance for the end of each month ( use separate Excel tabs for
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Question:
Complete an updated trial balance for the end of each month ( use separate Excel tabs for each month).
a. Only update the balances for the entries you make. Thus leave all balances as is that are already filled in for each month (ie A/R and Capital).
b. If needed, use a T-Acct sheet to help keep balances up-to-date.
c. The Oct. trial balance should start with the balances from the “Opening Balances” tab
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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