Patricia Green's Organic Fruit and Vegetable Stall

Balancing Accounts and the Trial Balance: Bank

Scene 37 / of 60

Balance the Bank Account: Bring Down the Opening Balance

The closing balance needs to be brought down to the opposite side as the opening balance for the next period.

Enter the opening 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	Balance c/d	2050
		3180				3180

close That's correct.
The Bank Account is balanced. The balance brought down on the debit side shows
that Sam owns ?2,050.

close Are you sure? Try again.

close The Balance b/d is €0 date October 8.

« back to previous step