How is the balance sheet derived from the trial balance

Assignment Help Managerial Accounting

Reference no: EM133445325

Question: You have been hired by a small business to help with accounting records. A group of non-accounting professionals within your organization approach you with questions they have about these records. How would you train them on the following:

Brief summary of major concepts found in Chapters 1 and 2
What is a trial balance and what is its purpose?
How is the balance sheet derived from the trial balance?

Reference no: EM133445325

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