Latest News - Accounting

Adjusted Trial Balance

Adjusted Trial Balance An adjusted trial balance is needed to ensure the accuracy and completeness of a company’s financial statements. It is prepared after adjusting journal entries to the...

Cash Balance for Gumbo Company as of December 1

Cash Balance for Gumbo Company as of December 1 The cash balance for Gumbo Company as of December 1 should be $8,305. Notably, this cash balance value refers to the cash balance at the start of the...

Trademarks – Nike and McDonald

Trademarks – Nike and McDonald Nike and McDonald’s are remarkable companies; what makes them unique and add value is that both companies have built a recognizable image and reputation in...

Accounting Journal Entry- A Reflection

Accounting Journal Entry- A Reflection Why Many Professionals Consider Accounting the Language of Business In the unit lesson, I learned that accounting is often regarded as the business language by...