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Boopsta
Nov 9, 2011, 02:03 PM
I wrote up all of the T accounts and from that tried to do a balance sheet but it won't balance. What else can I do?

pready
Nov 9, 2011, 03:46 PM
Do a Trial Balance of all of your accounts first, then if they balance you are okay. Then from your trial balance you can do your financial statements. From the trial balance the balance sheet will not balance until you add net income from the Income Statement to retained Earnings.