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    sweetwine49's Avatar
    sweetwine49 Posts: 3, Reputation: 1
    New Member
     
    #1

    Jul 20, 2008, 07:36 PM
    Income statement formats-perpetual inventory system
    I cannot for the life of figure out why my income statement and balance sheet and statement of owners equity on the worksheet aren't balancing, Ive reviewed and reviewed and I cannot find the problem, I am 97% sure that all the adjusted balances have been placed correctly and credited and debited appropriately, list of reasons this is happening?

    I guess I should add that the unadjusted trial balance balances
    Criado's Avatar
    Criado Posts: 142, Reputation: 15
    Junior Member
     
    #2

    Jul 20, 2008, 08:49 PM
    Are you using a 10-column worksheet? It could help you locate your error/s.
    sweetwine49's Avatar
    sweetwine49 Posts: 3, Reputation: 1
    New Member
     
    #3

    Jul 21, 2008, 11:19 AM
    Nvm, haha,spent 2 hours figuring it out and realized that I had some debits on the credit side! Funny cause well, I'm an idiot, and not funny cause yea idiot.

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