How to fix an incorrect trial balance? How to fix an incorrect trial balance? The trial balance is a statement of debit and credits of all the ledger accounts, and if the debits and the credits do not balance indicates an error. A trial balance is prepared periodically at the end […]

How to monitor budgets & cash flow? First, let me show you a brief note about budgets and cash flow and the use of both. What is the budget? A budget shows the detailed expected income and expenditure for a specific period for business; from that, you will also know your […]