My ledger and balance sheet posting balance. But when it comes to trial balance, it is not balance. The amount vary is same as the profit and loss. Would like to know if I'm wrong somewhere?


Plant and equipment 604,935.60

Cash at Bank-CIMB 50,996.03
Cash at Bank-MBB 48,473.24
Deposit 146,530.00

Director 150,987.00
Director 146,610.00
Creditor 320,000.00
Creditor 144,000.00

Proft B/F 89,337.87
Ordinary share



Membership revenue 349,186.95


Advertising & Promotion 25,280.00
Cleaning 14,306.20
Mgmt fee 1,750.00
General & Administration 2,903.64
License Fees 5,495.64
Operating Supplies 2,474.70
Rental 46,395.00
Repair & Maintenance 19,036.50
Salary & Wages 104,420.69
Staff Welfare 6,961.64
Utilities 18,155.27
Technology expense 2,720.00
Legal expense 1,776.00
Other operation expense 5,253.80
Secretarial fee 2,500.00
Refund 420.00


1,110,783.95 1,200,121.82

That's because you've got your profit in there twice. Remember that net profit is revenues less expenses. And you have all the revenues and expenses listed, the difference of which is net profit. AND you also have the net profit itself listed. So it's on there twice. A trial balance only lists actual account balances, not "calculations" such as net profit.

And you should have done this before you did your financial statements. If you had done this first, you wouldn't know what your net profit even was yet, and couldn't have listed it.