Accounting Principles - Trial balance ensures accurate bookkeeping [1] - Trial balance verifies debits equal credits in ledgers [1] Purpose of Trial Balance - Trial balance's purpose is to ensure accurate bookkeeping [1]

Financial History & Evolution - The timeline highlights key milestones in the evolution of finance, starting with the advent of money and currency in Lydia around 3000 BCE [1] - Banking and interest practices emerged in Mesopotamia around 2000 BCE [1] - Double-entry bookkeeping was introduced in Italy in 1494 [1] - Joint-stock companies originated in the Netherlands in 1602 [1] - Central banking and fiat currency systems were established in England in 1694 [1] - Electronic trading began in the USA in 1970 [1] - Tokenization is projected to emerge on Solana in 2025 [1]