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Trial balance

PREPARATION OF A TRIAL BALANCE


IDENTIFY THE ACCOUNTS:

Bank Capital

Purchases Account payable,


L. Larry
Account receivable,
Kelly Sales
Account payable, L. Return outwards,
Larry L.Larry

Bank Sales
Stationery
Bank
Return inwards, Account receivable,
Kelly Kelly
Account payable,
L. Larry Bank

Bank Account
receivable, Kelly
Wages
Bank
Drawing
Bank
PREPARE T-ACCOUNTS:
Capital Bank Purchases Account payable, L. Larry Sales

6900 6900 76 670 45 670 780


890 625 625 890
691 67
40

Account receivable, Kelly Return outwards, L.Larry Stationery Return inwards, Kelly Wages

780 89 45 76 89 67
691

Drawing
40
GET BALANCE:

ACCOUNT DEBIT BALANCE CREDIT BALANCE


CAPITAL 6900
BANK 7673
PURCHASES 670
ACCOUNT PAYABLE,
L.LARRY
SALES 1670
ACCOUNT RECEIVABLE,
KELLY
RETURN OUTWARDS, L. 45
LARRY
STATIONERY 76
RETURN INWARDS, 89
KELLY
WAGES 67
DRAWING 40
ORGANIZE TRIAL BALANCE:

TRIAL BALANCE
MAY 31ST, 2019

ACCOUNT TITLE DEBIT CREDIT

BANK 7673

CAPITAL 6900

PURCHASES 670

SALES 1670

RETURN OUTWARDS, L. LARRY 45

STATIONERY 76

RETURN INWARDS, KELLY 89

WAGES 67

DRAWING 40

TOTAL 8615 8615


To take into account:
THANKS!!!!

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