Action Accounting
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Bling
Balancing Accounts and the Trial Balance: Purchases
Scene 111
/ of 136
Introduction
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Double Entry
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Balancing Accounts
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Trial Balance
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Income Statement
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Balance Sheet
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Completed Financial Statements
Balance the Purchases Account: Enter the Closing Balance
Enter the closing balance.
If there is no closing balance just click check your answer without entering anything.
DR
Purchases Account
CR
Date
Details
Amount
Date
Details
Amount
May 10
Bank Account
2300
May 11
Bank Account
1800
May 13
Creditor Style Accessories 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 €5500 and should be entered on the lower side.
close
Are you sure? Try again.
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The Balance c/d is €5500 and should be entered on the lower side at May 31.
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