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Trial Balance Report

Provides a summary of all assets, liabilities and income for a defined date.

Date Range: single date up to 365 days in the past

Column

Explanation

Type

type of asset - Asset, Liability or Income

Account Name

name of asset, liability or income

Opening Balance

opening balance for the type

Net Change

subtracting the current day's closing price for an asset from the closing price of the previous day

Closing Balance

the remaining balance after all your sales numbers, made your required payments, and paid off all your expenses

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