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  • Jan 21, 2009, 01:38 AM
    kingkid2
    Trail balance sheet
    :confused:How to a trial balance sheets and where do operating expense go on the balance sheet
  • Jan 22, 2009, 01:59 AM
    ROLCAM

    Trial Balance is a summary of all the
    Ledger accounts at a specific date.
    All the debits must equal all the credits,
    This is by definition.

    Operating expenses do not feature on the balance sheet.
    Operating expenses feature on the profit and loss statement.

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