praeya
Mar 10, 2007, 04:55 PM
HI I am trying to balance my trial balance but I can't do it...
The t accounts are:
Sales for the year 497,000
Purchases made during the year 292,000
Sales returnes by customers 14,600
Returns to suppliers 8,900
Wages 108,000
Motoring expenses 3800
Heat and light 4600
Accountancy 4200
Insurance 1800
Telephone and fax costs 3400
Premises upkeep 5800
New computer equipment 10100
Vechicle (company van) 8200
Suppliers 247400
Drawings 38000
Air fares 800
Cheques received from customers 448000
Cheques received from sue mason 4500
I keep getting DR - 762300 and CR 958400 what am I doing wrong?
Thanks
The t accounts are:
Sales for the year 497,000
Purchases made during the year 292,000
Sales returnes by customers 14,600
Returns to suppliers 8,900
Wages 108,000
Motoring expenses 3800
Heat and light 4600
Accountancy 4200
Insurance 1800
Telephone and fax costs 3400
Premises upkeep 5800
New computer equipment 10100
Vechicle (company van) 8200
Suppliers 247400
Drawings 38000
Air fares 800
Cheques received from customers 448000
Cheques received from sue mason 4500
I keep getting DR - 762300 and CR 958400 what am I doing wrong?
Thanks