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-   -   How to do the trial balance (https://www.askmehelpdesk.com/showthread.php?t=349070)

  • May 3, 2009, 07:24 AM
    powerflower
    How to do the trial balance
    Accounting tiles
    Cash dr 2500
    Accounts recievable dr 1800
    Roofing supplies 1100
    Equipment dr 6000
    Accumulated depreciation - equipment Cr 700
    Accounts payable Cr 1400
    Unearned revenue Cr 300
    J. Watt. Capital Cr 7000
    J. Watt, Drawing Dr 600
    Service Revenue Cr 3500
    Salaries Expenses Dr 700
    Miscellaneous Expenses Dr 200



    Other data
    1) a physical count reveals only $240 of roofing supplies on hand.
    2) depreciation for march is $200
    3) unearned revenue amounted to $130 after adjustment on march 31.
    4) accrued salaries are $350
  • May 7, 2009, 06:01 PM
    pready

    See one of my previous posts for a sample.

    A trial balance is a list of your debits and credits. Your debits should equal your credits.

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