Ask Experts Questions for FREE Help !
Ask
    prameesh's Avatar
    prameesh Posts: 2, Reputation: 1
    New Member
     
    #1

    Jan 15, 2008, 06:33 AM
    Opening Trial balance
    How can creat an openig trail balance for a new company
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
    Ultra Member
     
    #2

    Jan 17, 2008, 12:38 PM
    A Trial Balance ensures that your Debits equal your Credits

    To do a Trial Balance list them in Chronological order with the ending Balances in the correct column either as a debit or a Credit.

    Then add your Debit amounts together, then add your Credit amounts together.
    The sum for the Debits should equal the sum of your Credits.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Stockholders equity trail balance [ 1 Answers ]

I was given 250,000 dollars to invest for 10 weeks. No brokers fees and no overhead. I had a balance of 3.04 after investing the rest. I made 301,124.000 dollars after selling my investment. How do I present this in a trail balance for my teacher?

Unadujsted Trail Balance [ 0 Answers ]

Hello Everyone ! Please help me in preaparing an audjusted trail balance . It will be appreciated. Thank you [email protected]


View more questions Search