Bling

Balancing Accounts and the Trial Balance: Creditor Shops R Us

Scene 101 / of 136

Balance the Creditor Shops R Us 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 CR
Date Details Amount Date Details Amount
May 29 Bank Account 800 May 5 Equipment Account 800
May 31 Balance c/d 4500 May 6 Fixtures & Fittings Account 4500
    5300     5300



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