[pahwap]

What are the different methods of preparing a trial balance?

[charm1972]

The basic trail balance is like this
Debit Credit
Cash XXX
Advertising Supplies XXX
Prepaid insurance XXX
Office Equipment XXX
Notes payable XXX
Account payable XXX
Unearned Revenue XXX
Common stock XXX
Dividends XXX
Service Revenue XXX
Salaries Expense XXX
Rent Expense XXX

Equal balances $28,700 $28,700

There are regular trail balances, Adjusting trail balances, and post-closing trail balances. There are three that I know of right off hand and then the book I have give you the example of them, purposes of them, limitations, and the work sheet that has a trail balance, adjustments, adjustment trail balance, income statement, and balance sheet in it.
I hope that this helps.

[russell23]

The payables, revenues and Common Stock goe in the credit columns. The rest go in the debit columns. russell23