Action Accounting
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Murphy Haulage
Balancing Accounts and the Trial Balance: Bank
Scene 22
/ of 52
Introduction
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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
March 1
Balance b/d
38000
May 12
Vehicle running costs Account
1750
May 1
Rental Income Account
1300
May 25
Vehicle repairs Account
0
May 31
Vehicle running costs Account
1850
Debit side total equals
Credit side total equals
Difference equals
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Debit side total equals €39300. Credit side total equals €3600. Difference equals €35700.
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