back again counting for beginners number

22 22 strongest cpa in florida i already

know when the the neighbors in this

building are like who the fuck is this

kid and who the fucking with CPA license

Jesus Christ need to tighten up these

regulations but guess what I passed the

test three ways we're going to do / 22

is trial balance

we're going to do an unadjusted trial

balance today there is let me get that

book the definition in the book girl

i'll put in like I do is I can't do

errors may occur and posting debits and

credits from the journal to the ledger

the journal to the ledger

so the journal meaning the journal

entries that you do and then you

transfer them into the ledger we have

separate t-accounts so journal entries

2t accounts when you went to transfer

those you might have errors and one one

way to detect errors as part by

preparing a trial balance so that's what

we're doing we're trying to detect the

errors that's what we're going to trial

balance because before earlier videos we

took journal entries from the general

journal in number 21 for beginners

number 21

we took the journal injuries and it was

at etown example if i watch 21 and you

were wondering where these accounts came

from there to accounts watch 21 if you

haven't yet this is the unadjusted trial

balance and that kind of means something

because there is also and I'll

eventually get to them there's other

trial balances there's an adjusted trial

balance in a post-closing trial balance

alright enough of the book it's me in

you and let's do this

what do I think about what trial balance

i don't use trial balance of my dad

I i do my accounting my bookkeeping

through quickbooks you can to close out

of the page unless you do unless your

journal entries debits and credits Matt

that is basically the reason why you do

a trial balance is to make like the

books and some to make sure you don't

have errors but I want to go back to us

this was making me think of a story when

I was when I was taking a tax class and

all part of the tax class was we do tax

returns for the vital program the

Volunteer Income Tax Assistance Program

so it's it's a like that arm of the IRS

going to tax returns for free for people

who made less than fifty thousand

dollars a year was really cool and I

really learned a lot i did a Saturday of

tax returns and then my teacher the next

week so don't you don't know how to do a

tax return unless you do it by hand and

I'm like you know this guy's a fucking

idiot i just did a tax return last week

and i just did tax returns and it wasn't

by hand

this guy doesn't always talking about

fast forward fast forward another route

67 once i'm taking H&R Block learning

class and when the class 2a 2b tax

repair HR block so you so I'm taking the

class and we can't even touch the

computer for think I think the class was

12 weeks long waiting touch a computer

for six weeks we do everything by hand

everything by hand

my teacher was right i had no idea what

the fuck was going on you just punch

number in here the number comes out and

you only know the mechanics behind it

you need to know the mechanics behind it

so i take that analogy kind of towards

this is where if you don't if you just

you just start out in the computer

system you don't really know all the

behind-the-scenes so every step is

important to it by hand and tell you you

are very proficient at it and then you

can start using the computer and

computer software the software lot of

steps behind that you don't know what's

going on that's kind of what I think

that everything is important you don't

want to skip steps it's kinda like this

book so i can follow along with probably

this book is similar to a lot of classes

I don't want to skip steps because that

you think you can be ahead is for

certain moment you are ahead because you

skipped all these steps and that you're

working on this but in the long run it's

going to bite you in the ass trial

balance is we've taken these are our

accounts that I had from number 20 FB 21

years 21 so go to these real quick cash

debit balances 5200 ok you like you

don't worry debit or credit is ok

watching older videos and this is kind

of my thing

DC aylar debit/credit passenger on

Spence liability actually revenue watch

my series help you learn as you can see

here we're going to see these this

example we don't really use you've

already figured out what an asset and

draw an expense or anything you're going

to use debit and credit that was always

love bites always the right here we had

from when we had we made our team before

cash debit balance 5200 loan credit

balance 10,000 truck daddy balance 5,000

rent debit balance 576 income card

balancing hundred bra

dammit balance 100 to make sure that

from the journal entries these came up

with the right balance is all the adding

and subtracting you're going to have

this is just a very small example and

cash is the only one with multiple

entries in a ongoing business or in your

class you know you might have 30 in here

20 different accounts so you've got a

lot of adding subtracting the trial

balance make sure that everything equals

and is one of the reasons i really like

accounting because it's very nothing

trying that hard once you know the steps

you just have to be very methodical

step-by-step and methodical adjusted

trial balances and there's really not

too much to it you take your you take

your debit or credit balances from

certain accounts here and you have a

line up and down and then you transfer

the debit or credit balances over here

sit down left right on

I always always always our cash debit

account 5200 we have our cash over here

in trial battles debit 5200 well taken

care of now we have our loan account and

our alarm blown out credit 10,000 now

our trial balance we have our loan

account credit for 10,000 now 430 that

we have truck debit for 5,000 child else

truck debit 5,000 so over here and check

out rent debit for 500 now in our child

bells are red dead 500 are 50 count

service income credit of 800 our trial

balance service income credit 800w left

prints on the right 46 account we have

draw the debit balance of a hundred

party account to our trial balance draw

debit of 100 really all we've done so

far as we've kind of took in our debits

and credits from our journal entries we

transferred the journal entries into the

t-accounts and now we're transferring

the t-accounts to the trial balance

you're basically just transferring

transferring you have you had to do all

your thinking of you know is it damages

the credit is an asset liability

what account is it that's it all goes in

the journal entry so if you mess up

there you're not going to catch it here

let's see if we've added and subtracted

and transferred correctly as you know

every journal entry equals so it starts

out equaling so let's see if we've

transferred correctly

let's see if we're talking from journal

entry in ctown over the 12 goals and how

you do that is you add up all the debits

of your different accounts and you add

up all the credits so let's do organic

5200 plus 5,000 10,000 200-plus 510,000

700-plus 109876 is here so everybody

knows and over so 10,800 is the sum of

the debits let's go to the credit and

thousand plus 800 10,800 so they equal

so we've done everything correct and we

don't have any mistakes and that right

there is an unadjusted trial balance

hope you liked it i really love doing

these videos you guys comments are great

QQ give me some ideas for new videos

please stuff that I haven't touched on

or is there something you're wondering

about you know I can just reply your

comment and say oh i did a video its

accounting for beginners number of this

I'm no doctor but I heard after a loss

like this the depression could be

permanent feeling down I got a chopper

that could lift you up like some words

of encouragement