Category Archives: Bokkeeping

Posting And Balancing Of Ledger

Access to the subledgers and journals is then opened for the next accounting period. The final step https://www.bookstime.com/articles/posting-in-accounting of the accounting cycle is to check the credits and debits match after closing entries are made. The financial statements are made at the very last of the accounting period. An adjusted trial balance contains all the…
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