Trial Balance
Mike or Penny Novack
stepbystepfarm at mtdata.com
Wed Jun 11 14:11:10 EDT 2014
>
>
>>Yes, I have a ZERO imbalance, so it is fine, despite my ignorance.
>>My accountant wants to see the "Trial Balance" to verify the books are
>>balanced......
>>
>>Thanks for the education on what a TB is and why and how it is useful.
>>
>>
>
>Just run a Balance Sheet report. If you want you could change the title to "Trial Balance".
>
>Regards,
>John Ralls
>
>
>
Really the same? The "Balance Sheet" normally only shows the "standing"
accounts, not "income" and "expense" accounts (temporary accounts of
fundamental type "equity" -- the NET of all the income and expense
accounts appears in the Balance Sheet under equity).
I haven't had a reason to run a "trial balance" but isn't that ALL
ledger accounts?
Michael
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