How to Prepare an Unadjusted Trial Balance. At the end of each accounting period, a business makes adjustments to certain accounts to update its records before preparing its financial statements ...

Closing the books on an accounting period is a lengthy and complex process. No matter how complex, it needs to start somewhere. For every company, big or small, it starts with a trial balance. This is ...

An unadjusted trial balance is the first step in the accounting closing cycle. When you pull your trial balance reports, you must make sure the columns balance.