Action Accounting
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Bling
Balancing Accounts and the Trial Balance: Sales
Scene 117
/ 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 Sales 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
Sales Account
CR
Date
Details
Amount
Date
Details
Amount
May 31
Balance c/d
3310
May 18
Bank Account
960
May 23
Debtor Greenland Golf Club Account
250
May 25
Bank Account
1220
May 30
Bank Account
880
3310
3310
May 30
May 31
Balance c/d
Balance b/d
May 30
May 31
Balance c/d
Balance b/d
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The Balance b/d is €0 date May 31.
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