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    rapunzellouise's Avatar
    rapunzellouise Posts: 3, Reputation: 1
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    #1

    Jan 17, 2008, 09:05 PM
    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.
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Jan 17, 2008, 10:23 PM
    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.
    surendra1982's Avatar
    surendra1982 Posts: 1, Reputation: 2
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    #3

    Jun 22, 2010, 10:16 AM

    Please give Format of Trail Bance Sheet
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #4

    Jun 23, 2010, 07:04 AM

    See Attached
    Attached Files
  1. File Type: xls Worsheet.xls (21.0 KB, 3413 views)
    2. otr120's Avatar
    otr120 Posts: 1, Reputation: 1
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    #5

    Oct 9, 2010, 04:38 AM
    How to do trial balance
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #6

    Oct 9, 2010, 09:55 AM

    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.
    patricia_forde's Avatar
    patricia_forde Posts: 1, Reputation: 1
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    #7

    Oct 9, 2011, 06:25 AM
    Please give me the format for A'level balance sheet

    Thank you in advance
    ashu17u's Avatar
    ashu17u Posts: 1, Reputation: 1
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    #8

    Nov 26, 2011, 11:25 PM
    Please any one attch the full formate of manufacturing factory trial balance

    Please please
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #9

    Mar 4, 2012, 08:44 AM
    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.
    ansharah's Avatar
    ansharah Posts: 1, Reputation: 1
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    #10

    Apr 25, 2012, 01:18 PM
    Accounting is intersting subject... :) :)
    tilagasumash's Avatar
    tilagasumash Posts: 1, Reputation: 1
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    #11

    Jun 22, 2012, 09:32 PM
    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..?
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #12

    Jun 22, 2012, 11:16 PM
    Accounting requires you have some common sense can read and are willing to study, not just ask stupid questions on a web site
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #13

    Jun 23, 2012, 02:34 AM
    Quote Originally Posted by tilagasumash View Post
    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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