Hi,
How to prepare a trial balance from the information below:

AG 1 Robinson start business with $ 4,500 in bank
AG 3 Paid rent $ 500 and office sundries 120 by cheque
AG 4 Bought stok on credit from Parker for $ 250
AG 8 Sold stock on credit to Tom for $ 440
AG 14 Received $ 50 cash for commission earned
AG 16 Transfered $ 700 from bank to cash hill
AG Bought stock for $ 80 cash
AG 21 Tom returned $ 110 of the stock sold to him
AG 27 Took $ 25 from cash hill for pesonal use
AG 31 Received cheque from Tom $ 330

Thank you for your help I stoped school 35 years ago.

tamika thompson

Bought a motor van on credit from speed and sons ltd for 6,980

pready

First you need to do journal entries for each transaction:

Then prepare T-account for all of your accounts to get your balances for your accounts.

Then list your accounts with Debit balancess in one column and Credit balances in the 2nd column.

Finally add your debits and credits. The totals for your Debits should Equal your Credits.