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Tag Archives: Trial Balance out of Balance

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Business: Taking off a Trial Balance

Business & EconomicsBy William Anderson (Schoolworkhelper Editorial Team)January 2, 2011Leave a comment

The ledger should be balanced after each full accounting entry.  Periodically it is necessary to check the accuracy of the ledger.  This is done by doing a trial balance. A trial balance is a listing of the account balances in a ledger.  You must add up all of the debit balances, and all of the…

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