Tekuci promet duguje

17:32 Feb 27, 2021
Croatian to English translations [PRO]
Bus/Financial - Accounting
Croatian term or phrase: Tekuci promet duguje
trial balance
Dia Myles
United States


Summary of answers provided
4Current debits
Miomira Brankovic


  

Answers


8 days   confidence: Answerer confidence 4/5Answerer confidence 4/5
Tekući promet duguje
Current debits


Explanation:
Companies initially record their business transactions in bookkeeping accounts within the general ledger. Depending on the kinds of business transactions that have occurred, accounts in the ledgers could have been debited or credited during a given accounting period before they are used in a trial balance worksheet. Furthermore, some accounts may have been used to record multiple business transactions. As a result, the ending balance of each ledger account as shown in the trial balance worksheet is the sum of all debits and credits that have been entered to that account based on all related business transactions.


    Reference: http://www.investopedia.com/terms/t/trial_balance.asp
Miomira Brankovic
Serbia
Local time: 20:07
Specializes in field
Native speaker of: Serbian
PRO pts in category: 28
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