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Q: Do you have to close out general ledger accounts before year end financial work can be completed?
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Before any of the year end financial work can be completed the general ledger must what?

Show how much the owners invested in the business for the year.


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It is best to receive a completed statemnet before paying an invoice.


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What are the services offered by sub prime?

"Subprime refers to financial material. The subprime category offers student loans, mortgage loans, and automobile loans. The subprime topic is very diverse and confusing and thorough research should be completed before making financial decisions."


Are there any student loans that someone can get if they are not enrolled in a school yet?

You may research financial aid information and fill out a Federal Financial Aid (FAFSA) form before you apply to a particular school. However, you will need to have been accepted to a particular school before a particular aid package is completed. Talk to the financial aid counselor at the school you are interested in for more information. Or, look up FAFSA on the web. Financial aid can be complicated, but there are a lot of people out there to hlep you!


Is the adjusted trial balance a financial statement?

In and of itself, generally no. An adjusted trial balance is merely a statement that is used at the end of the accounting period to adjust accounts such as expenses and income and to insure that all adjusting entries and accounts balance before preparing the post closing trial balance and finally the financial statements such as Balance Sheet, Statement of Retained Earnings, and Statement of Owners Equity.


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Had completed correct or wrong?

"Completed" is the correct form of the verb in this sentence.


Do online bank accounts offer interest rates as good as accounts from regular brick and mortar banks?

They can offer interest rates as good as regular brick and mortar. Every financial institution has different interest rates so it is best to shop around before deciding on one bank account.