Action Accounting
Home
Scenario List
About
Contact
Disclaimer
Patricia Green's Organic Fruit and Vegetable Stall
Balancing Accounts and the Trial Balance: Bank
Scene 35
/ of 60
Introduction
»
Double Entry
»
Balancing Accounts
»
Trial Balance
»
Income Statement
»
Balance Sheet
»
Completed Financial Statements
Balance the Bank Account: Enter the Closing Balance
Enter the closing balance.
If there is no closing balance just click check your answer without entering anything.
DR
Bank Account
CR
Date
Details
Amount
Date
Details
Amount
October 1
Capital Account
2000
October 2
Furniture Account
200
October 6
Sales Account
700
October 2
Rent Account
150
October 7
Sales Account
480
October 2
Insurance Account
180
October 5
Purchases Account
600
October 7
October 8
Balance c/d
Balance b/d
October 7
October 8
Balance c/d
Balance b/d
Debit side total equals
Credit side total equals
Difference equals
close
That's correct. The balance is €2050 and should be entered on the lower side.
close
Are you sure? Try again.
close
The Balance c/d is €2050 and should be entered on the lower side at October 7.
check answer »
« back to previous step