opening Trial balance

prameesh · #1 Jan 15, 2008, 04:33 AM

how can creat an openig trail balance for a new company

pready · Jan 17, 2008, 10:38 AM

A Trial Balance ensures that your Debits equal your Credits

To do a Trial Balance list them in Chronological order with the ending Balances in the correct column either as a debit or a Credit.

Then add your Debit amounts together, then add your Credit amounts together.
The sum for the Debits should equal the sum of your Credits.



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