Tuesday, June 16, 2015

T accounts, Trial Balance and Balance Sheet Tutorial





This tutorial demonstrates how to take a basic balance sheet, populate T-accounts with those balances, apply several transactions and calculate the new balances using the T-accounts. Then a trial balance is created and from that a new balance sheet.
You may download the blank file and try any of the entries from the video yourself to see how all this works from this link: https://www.filesanywhere.com/fs/v.as.... Please let me know if/when this link no longer works.

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