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    LAURTUZ's Avatar
    LAURTUZ Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Mar 5, 2013, 03:09 PM
    Trial balance how to balance
    I have been trying to balance my trial balance but I'm giving up can't find the error
    Cash;600
    Truck;1100
    Capital; 17000
    Supplies;300
    Cash 300
    Prepaid insureance;700
    Cash ; 700
    Cash;800
    Service revenues; 800
    Salary expese;700
    Cash; 700
    Cash;12000
    Service Revennue;12000
    Cash;600
    Unearned service revenue;600
    Cash;1500
    Account Receivable;1500
    Fuel exp;200
    Acc payable;200
    Acc receivable;900
    Service revenue 900
    Rent expense;600
    Cash;600
    Acc payable200
    Cash 200
    Withdraw;2100
    Cash ;2100
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
    Ultra Member
    		  
    #2

    Mar 6, 2013, 07:46 AM
    You have accounts listed more than once.

    It appears they are journal entries. The first one does not balance

    It should be:
    Debit Cash for 600
    Debit Truck for 1,100
    Credit Capital for 1,700
    (for owner investing cash and a truck into the business)

    Once you journalize your entries you need to post them to your acocunts, then get your account balances, then you do your trial balance.
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