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Trial Balance
A trial balance is a bookkeeping report that lists the balances in each of an organization's general ledger accounts, typically used to check the mathematical accuracy of bookkeeping entries.
Incorrect Account Titles
Errors in the naming or categorization of accounts in the financial records, which can impact the accuracy of financial reporting.
Journalizing
The entering of transaction data in the journal.
Trial Balance
A bookkeeping worksheet listing the balances in each ledger account, used to verify that the sum of debits equals the sum of credits.
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