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    chiza22's Avatar
    chiza22 Posts: 1, Reputation: 1
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    #1

    Jun 20, 2012, 08:32 AM
    Correcting trial balance
    What do you mean by under-footing?

    I really worked on my assignment about correcting Trial balance. I have adjusted the transactions written on our book, but then it wouldn't balance.. can you teach how to do it?

    -- what do you mean by under-footing?
    aliseaodo's Avatar
    aliseaodo Posts: 1,671, Reputation: 259
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    #2

    Jun 20, 2012, 08:41 AM
    Who are you talking to?
    crossfoot's Avatar
    crossfoot Posts: 1, Reputation: 1
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    #3

    Jun 20, 2012, 10:54 AM
    Footing is silly jargon for checking the totals to make sure it adds up correctly. If your TB is off (total debits do not equal total credits), it may just a footing issue in that you did not include all of the cells to total up.
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #4

    Jun 20, 2012, 11:38 PM
    Quote Originally Posted by chiza22 View Post
    what do you mean by under-footing?

    i really worked on my assignment about correcting Trial balance. i have adjusted the transactions written on our book, but then it wouldn't balance.. can you teach how to do it?

    -- what do you mean by under-footing?
    To do a trial balance you extract a list of the balances on all the general ledger accounts
    If it doesn't balance there are several possibilities.
    You have made an error when transcribing the numbers or the accounts, recheck your work
    You have made an addition error, recheck your additions
    An entry has been posted incorrectly, check the posting of all entries
    If a manual ledger an individual account contains an error in addition, subtraction, check the posting of all entries
    If an electronic ledger an error has occurred, create new ledger starting at the last trial balance and repost all the entries

    We have no idea what your work looks like so show us your problem and your work
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