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New Member
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Jan 17, 2008, 09:05 PM
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Sample Trial Balance (format)
I know how to make journal entries and T-accounts.
But I don't know the format of trial balances, and I don't know if it's debit or credit.
Please help. My exam is tomorrow.
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Ultra Member
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Jan 17, 2008, 10:23 PM
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On a T-account the left side is a Debit and the right side is a Credit.
An Asset has a normal Debit Balance
Liabilities and Owners Equity are norma Credit Balances.
Expenses have a normal Debit Balance
Revenues have a normal Credit Balance.
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New Member
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Jun 22, 2010, 10:16 AM
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Please give Format of Trail Bance Sheet
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Ultra Member
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Jun 23, 2010, 07:04 AM
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See Attached
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New Member
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Oct 9, 2010, 04:38 AM
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How to do trial balance
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Ultra Member
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Oct 9, 2010, 09:55 AM
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See my previous post. I attached an Excel file that shows what a trial balance looks like.
Just list your accounts with their Debit or Credit balances, then add you Debits and add your credits. Your totals should equal.
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New Member
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Oct 9, 2011, 06:25 AM
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Please give me the format for A'level balance sheet
Thank you in advance
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New Member
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Nov 26, 2011, 11:25 PM
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Please any one attch the full formate of manufacturing factory trial balance
Please please
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Ultra Member
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Mar 4, 2012, 08:44 AM
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See my other post with the Excel Worksheet. A manufacturing company will have extra accounts listed, but the format for a trial balance will be the same.
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New Member
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Apr 25, 2012, 01:18 PM
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Accounting is intersting subject... :) :)
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New Member
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Jun 22, 2012, 09:32 PM
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Hi,
Can u please help me
I don"t understand why the sales account & purchases account shouldn"t have the balance to be brought down but have to transfer to income statement..?
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Ultra Member
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Jun 22, 2012, 11:16 PM
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Accounting requires you have some common sense can read and are willing to study, not just ask stupid questions on a web site
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Ultra Member
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Jun 23, 2012, 02:34 AM
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Originally Posted by tilagasumash
hi,
can u please help me
i don"t understand why the sales account & purchases account shouldn"t have the balance to be brought down but have to transfer to income statement...??
I don't understand the question. The accounts are closed out at the end of the period and transferred to the income account. There is no balance brought down.The income statement is a representation of the balances arranged in a logical manner so that the accounts can be presented
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