Action Accounting
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Twilight Travel
Balancing Accounts and the Trial Balance: Bank
Scene 26
/ of 48
Introduction
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Double Entry
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Balance the Bank Account: Find the Balancing Figure
Look at the account and calculate out how much each side totals. Then find the difference between the two sides. This is the balancing figure.
Type figures in the "post-it" note below
DR
Bank Account
CR
Date
Details
Amount
Date
Details
Amount
January 1
Balance b/d
30000
January 25
Electricity Account
544
January 28
Commission Receivable Account
31000
January 26
Stationery Account
188
January 31
Wages Account
6350
Debit side total equals
Credit side total equals
Difference equals
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Debit side total equals €61000. Credit side total equals €7082. Difference equals €53918.
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