glenfaircloth
Nov 3, 2010, 01:29 PM
I don't have to do accounting in this job I am trying to get, but they are making me balance a trial balance and I can't do it can you help
pready
Nov 9, 2010, 10:24 AM
A trial balance just verifies that your Debits equal your Credits. I have attached a Worksheet that will show you what a Trial Balance should look like. You will use Columns A, B, and C. Also you would change the title from Worksheet to Trial Balance and you would change the company name and date (of course). For Column A you will use the accounts that are in your company's chart of accounts as well has their account balances (columns B and C), then total up the debits and total up the credits. If they do not equal then you have an error somewhere (like transposing a number) or a transaction could have been recorded incorrectly ( like the wrong amount).