Complete Accounting Cycle for Trading Business-Perpetual Inventory System from Journal to Opening Entry

Video Link: https://youtu.be/J6Suggch_jc

In this video, I have explained:

1) General Ledger of trading business under perpetual inventory system 2) Pre-closing Trial Balance

3) Adjustments

4) Adjusted Trial Balance

5) Income Statement of trading business under perpetual inventory system

6) Closing Entries of trading business under perpetual inventory system & 7) Other procedures in accounting cycle of trading business under perpetual inventory system.

Exercise Files
Perpetual Inventory System Solution-Completes (pdf)
4.09 MB