All answers for the crossword clue Genre for Notorious B.I.G. in the word-grabber.com crossword solver tools and articles for letters and words Search for: Search
The trial balance is an accounting listing that shows the beginning and ending balances for all accounts included in the set of books. This worksheet format makes it possible to evaluate whether or not the total debits for the period cited are in balance with the total number of credits generated for the same period.
The accounting system has ledger accounts for all balance sheet and income statement. At the end of the accounting period, the ledger accounts are balanced and closed off. The trial balance is produced to show all the debits and credits. Income and expenses are transferred to the Profit and loss ledger account.