How to make a trial balance?
My instructor did not discuss how to make a trial balance I get so confuse reading so many pages because accounting was never my favorite subject please help me
Transaction for the month of June
1 he made the ff. Investments
Cash 250,000
Furniture & fixtures 120,000
Shop equipment 210,000
3 paid business permits & licenses, 3,250
5 bought lotion, alcohol, soap etc. On account 18,350
7 income for the week:
Cash 16,000
On account 5,000
8 B salva withdraw 20,000 for personal use
11 bought additional barbers chair for cash 65,000
13 partial payment of June 5 account 15,000
14 income for the week
Cash 25,000
On account 4,000
15 payment of commission to barbers and massagers 12,000
16 collected in full the customers accounts of June 7 & 14 in the amount of 9,000
17 received a laundry bill from ACA laundry shop 5,680
19 payment of account with ACA laundry shop 5,680
21 income for the week
Cash 18,000
On account 20,000
22 full payment of June 5 account 3,350
28 paid light and water bills 10,000
29 bought shop supplies for cash, 7,830
31 income for the week
Cash 15,000
On account 25,000
Payment for commission to barbers & massagers 16,000
Received a laundry bill from ACA laundry shop 3,950
