My company's balance sheet is off 34500.00 when ever I make j/e's it is still off what could be some of the issues. The 34500.00 difference is in the trucks/equipment account.

How do you know it's the truck/eqpt account that is off?

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Originally Posted by moniqueversan

My company's balance sheet is off 34500.00 when ever i make j/e's it is still off what could be some of the issues. the 34500.00 difference is in the trucks/equipment account.

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If your off the amount of the truck asset account, did you account for accumulated depreciation on the credit side? Or, if the trucks have a liability account, maybe the Note Payable is incorrect for truck. Check your general ledger amounts and do a trial balance and see if it equals.