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

    Jan 30, 2006, 04:21 PM
    Balance sheet
    My company's balance sheet is off 34500.00 when ever I make j/e's it is still off what could be some of the issues. The 34500.00 difference is in the trucks/equipment account.
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
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    #2

    Feb 1, 2006, 12:50 AM
    How do you know it's the truck/eqpt account that is off?
    mh34's Avatar
    mh34 Posts: 20, Reputation: 1
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    #3

    Feb 1, 2006, 06:08 AM
    Quote Originally Posted by moniqueversan
    My company's balance sheet is off 34500.00 when ever i make j/e's it is still off what could be some of the issues. the 34500.00 difference is in the trucks/equipment account.
    If your off the amount of the truck asset account, did you account for accumulated depreciation on the credit side? Or, if the trucks have a liability account, maybe the Note Payable is incorrect for truck. Check your general ledger amounts and do a trial balance and see if it equals.
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