Action Accounting
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Bling
Balancing Accounts and the Trial Balance: Purchases
Scene 112
/ 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: Total Both Sides
The total of both sides should be indicated clearly with a single line on top and a double line below.
Type in the totals on both sides.
DR
Purchases Account
CR
Date
Details
Amount
Date
Details
Amount
May 10
Bank Account
2300
May 31
Balance c/d
5500
May 11
Bank Account
1800
May 13
Creditor Style Accessories Account
1400
Debit side total equals
Credit side total equals
Difference equals
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That's correct. The total is €5500.
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Are you sure? Try again.
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The total is €5500.
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