Businesses use trial balance sheets to calculate the monthly debits and credits posted in their general ledgers. Debits are the money a business spends or loses, while credits are the money a business ...

Many people have trouble keeping their checkbooks balanced. Now that debit cards have made it easy to have money electronically transferred out of your bank account without even having to write a ...

Reconciliations, performed in accounting to minimize errors, are basically comparisons of two different reports or documentation. Because the general ledger, or G/L, is made up of accounts, ...

Excel spreadsheets do so much, from making lists to crunching numbers to acting as sophisticated flat-file databases. We’re creating this guide to make sure you master all the essentials and more.