Action Accounting
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Bling
Balancing Accounts and the Trial Balance: Creditor Style Accessories
Scene 103
/ of 136
Introduction
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Double Entry
»
Balancing Accounts
»
Trial Balance
»
Income Statement
»
Balance Sheet
»
Completed Financial Statements
Balance the Creditor Style Accessories Account: Enter the Closing Balance
Enter the closing balance.
If there is no closing balance just click check your answer without entering anything.
DR
Creditor Style Accessories Account
CR
Date
Details
Amount
Date
Details
Amount
May 14
Purchases Returns Account
120
May 13
Purchases Account
1400
May 31
June 1
Balance c/d
Balance b/d
May 31
June 1
Balance c/d
Balance b/d
Debit side total equals
Credit side total equals
Difference equals
close
That's correct. The balance is €1280 and should be entered on the lower side.
close
Are you sure? Try again.
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The Balance c/d is €1280 and should be entered on the lower side at May 31.
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