Richard Loth has 40+ years of experience in banking, corporate financial consulting, and nonprofit development assistance programs. Eric's career includes extensive work in both public and corporate ...

A balance sheet is a type of financial statement that lists a company's assets, liabilities, and shareholders' equity. The assets should be in "balance" and equal the total liabilities and ...

An adjusted trial balance provides a listing of ending balances for all accounts after the adjusting entries are prepared. The goal of adjusting the entries is to correct errors made within previous ...