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-   -   Journal and Trial Balance don't match (https://www.askmehelpdesk.com/showthread.php?t=269832)

  • Oct 15, 2008, 05:49 PM
    greenwe
    Journal and Trial Balance don't match
    I have prepared entries in a journal but when I transfer the figures over to the trial balance sheet the numbers are way off and don't balance. I don't know how to figure out what I have done wrong. Where do I start?
  • Oct 18, 2008, 01:43 PM
    pready

    First I would check to make sure you posted your debits and your credits into the proper columns in the trial Balance. If you did then I would check my Account balances.

    Another thing to do is check your journal entries. Did you post the transaction properly such as a Debit to an Asset or Exense account increased the account while a Credit to the Liability, Equity, or Revenue account increased the account while a Credit to the Asset or Expense account and a Debit to a Liability, Equity, or Revenue account Decreases the account.

    Did you post the Transaction to the proper accounts.
  • Jun 20, 2011, 05:13 AM
    belakar12
    Purchase furniture rs.2000 in cash - what is the journal
  • Jun 20, 2011, 06:31 AM
    pready

    Debit Furniture or Plant, Property, & Equipment - Furniture for the amount (Use whatever Asset Account for furniture that you have)
    Credit Cash for the amount

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