In this course, you will learn :
- Describe the process used to handle the journal day books.
- Discuss the need to collect taxes.
- Outline how to build a payroll journal from gross and net pay.
- Explain what control accounts are used for.
- Explain the procedure for creating and managing control accounts.
- List the steps needed to prepare a trail balance.
- Identify possible issues when the trial balance does not balance.