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ORDER APPROVING ELEVENTH ANNUAL ACCOUNT Form

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[Music] in today's video we're going to build ourselves a trial balance hey guys my name is James and welcome back to another episode of accounting stuff today's video is number five of the counting basics and it's all about balance I'm going to explain what it means why it is this and show you how to make one for yourself are you ready a trial balance or TB when abbreviate is is an accounting report showing the closing balances of all general ledger accounts at a point in time back in the days of accounting on paper it was used to check that the debit and credit column totals match each other however since the introduction of accounting software that cheque has become less and less important since it's now done automatically nowadays it is an internal document that is typically used by accountants to check for errors and assist in the producing of financial statements it is also used by auditors in deciding which accounts to review okay

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