Financial statements are used by your accountant to prepare tax returns ... The chart of accounts shows the name and account number of each ledger account you create. It also lists the location ...

At the end of the year, accountants make adjusting entries and prepare the adjusted trial balance -- a listing of all the accounts in the general ledger ... This will account for all book-tax ...

A general ledger stores and organizes the ... during the life of an operating company and holds account information that is needed to prepare the company’s financial statements.

The trick involves using Excel’s Go To Special, Blanks tool to repeat account numbers and descriptions ... STEP 2: PREPARE THE DATA FOR PIVOTING The next step is to prepare the Excel-based general ...