Question
I don't have the example because it was on a test, but I do want to know how to work these problems. The teacher never
I don't have the example because it was on a test, but I do want to know how to work these problems. The teacher never covered them and I'm pretty upset about it.
Given an adjusted trial balance how do you calculate profit and the total assets from the adjusted trial balance. There was also another thing she wanted to know, but I can't remember what it was. All she ever showed us how to do was fill out the balance sheet, income statement, and to close accounts. We only brushed over adjusted trial balances and then it was a main part of the test.
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