Journal Entries and T Accounts - Trial Balance Example - Part 2 of 2

This video tutorial explains how to create an unadjusted trial balance using T tables. It covers the steps to calculate account balances by adding debits and credits, and then compiling these into a trial balance. The tutorial emphasizes the importance of ensuring that debits and credits are equal, serving as a check mechanism in the accounting cycle. The video concludes with a verification of the trial balance and a note on its relevance for future chapters.

Explain the process of adding up the debit and credit columns in a trial balance.

Why is it important to keep the T tables for future accounting cycles?