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 ...

You can prepare an unadjusted trial balance using information from your general ledger, the accounting record that includes every account used in your small business. To set up an unadjusted trial ...

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 ...

It starts with recording all financial transactions throughout that accounting period and ends with posting closing entries to close the books and prepare for the next accounting period.