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

    Dec 11, 2011, 08:00 AM
    How to make a trial balance?
    My instructor did not discuss how to make a trial balance I get so confuse reading so many pages because accounting was never my favorite subject please help me

    Transaction for the month of June

    1 he made the ff. Investments

    Cash 250,000
    Furniture & fixtures 120,000
    Shop equipment 210,000

    3 paid business permits & licenses, 3,250

    5 bought lotion, alcohol, soap etc. On account 18,350

    7 income for the week:

    Cash 16,000
    On account 5,000

    8 B salva withdraw 20,000 for personal use

    11 bought additional barbers chair for cash 65,000

    13 partial payment of June 5 account 15,000

    14 income for the week

    Cash 25,000
    On account 4,000

    15 payment of commission to barbers and massagers 12,000

    16 collected in full the customers accounts of June 7 & 14 in the amount of 9,000

    17 received a laundry bill from ACA laundry shop 5,680

    19 payment of account with ACA laundry shop 5,680

    21 income for the week

    Cash 18,000
    On account 20,000

    22 full payment of June 5 account 3,350

    28 paid light and water bills 10,000

    29 bought shop supplies for cash, 7,830

    31 income for the week

    Cash 15,000
    On account 25,000

    Payment for commission to barbers & massagers 16,000

    Received a laundry bill from ACA laundry shop 3,950
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
    Uber Member
     
    #2

    Dec 11, 2011, 08:47 AM
    If your instructor is not teaching the subject (which would mean other people are also having the same problem you are experiencing) you need to speak to school administration.

    Please refer to this AMHD announcement:

    “Do not simply retype or paste a question from your book or study material

    We won't do your homework questions for you. You were given the assignment for you to learn.

    If you come up with your own answer and post it for us to critique that is within reason.

    If you have some SPECIFIC questions that you couldn't find or didn't understand, we may help with that.

    But this is your assignment, so show us you have at least attempted to complete it on your own.

    Thank you.”

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!

I need to make a trial balance with the following information [ 0 Answers ]

Loan from T Small(long term) $3000,sales 200000,purchases 175000, accounts recievables 18000,discounts allowed 5000,discounts received 7000, returns inwards 1000,returns outwards 7000,insurance 16000,commissions received 7000,motor expense 500,rent received 3000,bad debt expense500,bank loan...

How to make adjustments to a trial balance worksheet from my cpa in quickbooks? [ 0 Answers ]

My CPA sent me a Trial Balance Worksheet to make adjustments in QuickBooks Pro 2007 from our 2010 taxes. Where do I make these changes?

How to make the total equal since it is a trial balance? [ 1 Answers ]

An inexperienced bookkeeper prepared the following trial balance that does not balance. RICHARDSON COMPANY Trial Balance December 31, 2007 Account Title Debit Credit...

How to make trial balance complete [ 4 Answers ]

@captain forest Hello... I have just joined this interesting community,I have just asked a question.. how can I make it find you.. it's a real problem for me regarding trial balance.. I will be really grateful if you help me.. thnx Hello... im a tenth grade gcse student.. ive took up accounting...

How to make a worksheet from trial balance [ 1 Answers ]

How to make a worksheet from a trial balance


View more questions Search