Action Accounting
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Bling
Balancing Accounts and the Trial Balance: Sales
Scene 114
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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 Sales 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
Sales Account
CR
Date
Details
Amount
Date
Details
Amount
May 18
Bank Account
960
May 23
Debtor Greenland Golf Club Account
250
May 25
Bank Account
1220
May 30
Bank Account
880
Debit side total equals
Credit side total equals
Difference equals
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Debit side total equals €0. Credit side total equals €3310. Difference equals €3310.
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