One of your friends, who is a small business owner, knows you are taking introductory accounting and

Question:

One of your friends, who is a small business owner, knows you are taking introductory accounting and asked you the following question:
“I am looking for a new accountant to do my books and taxes. When I called one of the firms, they asked me to bring a copy of my company’s trial balance to the introductory meeting. What can they tell about the company by looking at that?”


Required
Prepare your response.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Understanding Financial Accounting

ISBN: 9781119406921

2nd Canadian Edition

Authors: Christopher D. Burnley

Question Posted: