Trial Balance & Adjusting Entries A typical accounting cycle begins with the analysis of business transactions and ends with a post-closing trial balance. Trial balances are prepared at several times in an accounting cycle. A trial balance lists all of the ledger accounts and checks if debit and credit totals for all accounts match. Trial balances provide an opportunity to correct any calculation, recording, or posting errors in the account books. Adjusting entries are then made to record accrued or deferred amounts followed by another trial balance to check equality of debits and credits. Financial statements are also prepared at this stage in the cycle. Finally, all temporary accounts are closed and a post-closing trial balance is prepared. This course teaches you how to prepare a trial balance, make adjusting entries, and close the temporary account books at the end of an accounting period. It introduces several types of trial balances performed within the accounting cycle and walks you through the preparation of a trial balance. This course also teaches you how to classify and make adjusting entries and close the accounts at period end.

1. Certificate of Completion
The State University of New York at Potsdam
and the program in Organizational Leadership and Technology,
in association with the National Education Foundation
and the CyberLearning Academy, hereby recognizes
Kareem Farag
for completion of the training course
Accounting Fundamentals Trial Balance & Adjusting Entries
Presented on this 23rd day of May, 2015
Credit Hours: 1