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Austria-Hungary was a good example of what modern nationalism consider the ideal model of ethnic-political organization.
Post-closing Trial Balance
A financial statement prepared after closing entries are made, listing only the balance sheet accounts with non-zero balances.
Ledger
A principal book or computer file for recording and totaling economic transactions measured in terms of a monetary unit of account by account type.
Income Summary
An account in the ledger used to summarize revenues and expenses for a specific period before transferring the net result to capital accounts.
Worksheet
A document or tool used by accountants to draft adjustments and test balances during the end-of-period reporting process, not part of the formal financial statements.
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