What is a Trial Balance?

In this video, I explain the concept of the Trial Balance and walk through an example of month end closing.

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[lisamccray]

You have no idea how helpful this is. Thanks.

[mariekamara]

Thank you very much sir
I usually use DEAD CLIC Which means
Debit Expenses Assets Drawings
Credit Liabilities Income Capital.
Credit Liabilities

[Wanderlust_Istekhar]

Hello
I’m loving the way you present the concept and make easy. Requesting you to make the video on reconciliation.

[tremannaik]

This is extremely clear, thank you for your work!

[jeane]

Taking the second period of accounting, and your videos are helping immensely! Thank you - Subscribed ;)

[SuriyaPrakash-svde]

All your videos related to accounts are very easy to understand. I like to learn many more things with you. I want become an expertise in accounts in a very high level. Please help me to achieve this sir.

[AG-cpbt]

Your presentation is cool!! Please avoid background music, it's really hard to focus...!

[aneezasonisoni]

Your way of explaination is very clear.👍

[lucatintor]

Hey man you recorded the video in the bedroom.... super ;-) Great tips.

[Personalfinancewithlena]

Great video! Super helpful. I'd love to see another video on journal entries for complex transactions.

[kanishk]

Great video. Would love to see more of these explainer videos.

[Mopeto]

This is the best way to learn, but I have a question, maybe is possible you make a video of ONGS business? Thank you for give me your knowledges

[hauwamaaji]

How do you record salary that is pending for the month and the next month has entered

[istvanpraha]

Cool. I am a Business Analyst and confused why there was a report called "trial account" in our database and I was confused why it was "trial" but now it makes sense. I was wondering if a coder called it "trial" because they were experimenting."

[Moments_of_Games.]

Hello I have a question once the customer pays the money and was on account you debit cash and credit AR but how is it going to look like in the trial balance are you still credit AR and debit Cash !!! 😢 .

[abcdefg]

when accounts have DR in nature such as DEA, does DR means increase, credit means decrease? When accounts have CR in mature such as LER, does CR mean increase, DR means decrease?

[MrHappyfood]

final account receivable is 32000 or 23000?

[shaikmohammedismail]

How many years it will takes to clear CPA. I just passed out MBA. I am taking you as my inspiration in becoming Accountant as my career.

[misfit]

Are there no taxes in the US when recording a sale? For example Dr Debtors Cr Sales Cr Tax

[Movienetwork]

Sir pls do the same and explain journal ledger and income statement and balance sheet