Our tax advisors have given me the following journal entry to enter into our books for our year end adjustment, but they didn't balance out the doctors./crs. Can someone give me an idea of what the offsetting accounts should be to balance this je. :confused:

Tax Return Adjusting Entries
DR CR
1210 16162 Trade Receivables
1220 17545.44 Bad Debt Reserve
1230 11596 Warranty Reserve
3385 61605.26 Unearned Revenue
3390 3079.29 Other Accrued Expenses
1350 88.09 Holdback from credit card
????? 109899.9



109987.99 109987.99

Well the format did not display as on my screen, I put <> around the crs.

1210 16162 Trade Receivables
1220 17545.44 Bad Debt Reserve
1230 11596 Warranty Reserve
3385 61605.26 Unearned Revenue
3390 3079.29 Other Accrued Expenses
1350 <88.09> Holdback from credit card
?? <109899.90>

They just gave me the lump sum of 109k, was this to directly hit retained earnings or do I need to try to break it down, for example the offset for AR would be sales or something?