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Ep 6. Trial Balance: The Balancing Act episode artwork

EPISODE · Jul 8, 2025 · 13 MIN

Ep 6. Trial Balance: The Balancing Act

from Debit, Credit, Done! · host Dean Quartermaine

In this episode of Debit, Credit, Done!, Dean explains the role of the trial balance in double-entry bookkeeping. Learn how to list ledger account balances, check that debits equal credits, and prepare your books for the next stage—producing the Statement of Profit or Loss and the Statement of Financial Position. Includes practical examples, common errors to avoid, and a practice task to help solidify your understanding.📚 Designed for AAT Level 2 and Level 3 learners🧾 Key skills: preparing a trial balance, spotting posting errors, understanding internal checks📓 Next episode: Statement of Profit or Loss – did the business make a profit?

Episode metadata supplied by the publisher feed · Published Jul 8, 2025

What this episode covers

In this episode of Debit, Credit, Done!, Dean explains the role of the trial balance in double-entry bookkeeping. Learn how to list ledger account balances, check that debits equal credits, and prepare your books for the next stage—producing the Statement of Profit or Loss and the Statement of Financial Position. Includes practical examples, common errors to avoid, and a practice task to help solidify your understanding.📚 Designed for AAT Level 2 and Level 3 learners🧾 Key skills: preparing a trial balance, spotting posting errors, understanding internal checks📓 Next episode: Statement of Profit or Loss – did the business make a profit?

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Ep 6. Trial Balance: The Balancing Act

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This episode is 13 minutes long.

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This episode was published on July 8, 2025.

What is this episode about?

In this episode of Debit, Credit, Done!, Dean explains the role of the trial balance in double-entry bookkeeping. Learn how to list ledger account balances, check that debits equal credits, and prepare your books for the next stage—producing the...

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