From there, you prepare a post-closing trial balance, with the entries netting to zero. Expenses will be the final accounts to include, such as advertising and utilities. These have credit balances and may include service revenue and sales revenue. A trial balance is a compilation of the balances of a […]
Monthly Archives: julho de 2024
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As we will discuss in further detail below, miscellaneous expenses might consist of the purchase of a new office printer, a one-off marketing campaign, or fees paid to financial institutions. In some cases, you can add your interest payments to the cost of the property involved instead of treating them […]