WORKING TRIAL BALANCE is similar to the trial balance. Additionally, it contains columns for adjusting entries and the adjusted balance. This report is typically used at year-end to assist in making adjusting entries.
PICPA is Pennsylvania Institute of Certified Public Accountants or Philippine Institute of Certified Public Accountants.
POST is the transfer of accounting entries from a journal of original entry into a ledger book, in chronological order according to when they were generated.
Enter a term, then click the entry you would like to view.