Bling

Balancing Accounts and the Trial Balance: Bank

Scene 93 / of 136

Balance the Bank 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 CR
Date Details Amount Date Details Amount
May 1 Capital Account 5000 May 3 Rent Payable Account 1000
May 2 Loan Account 10000 May 4 Equipment Account 1200
May 18 Sales Account 960 May 8 Advertising Account 400
May 25 Sales Account 1220 May 9 Insurance Account 300
May 28 Debtor Greenland Golf Club Account 250 May 10 Purchases Account 2300
May 30 Sales Account 880 May 11 Purchases Account 1800
      May 15 Cash Account 300
      May 28 Drawings Account 600
      May 29 Creditor Shops R Us Account 800
      May 30 Bank Interest Account 50
      May 31 Balance c/d 9560
    18310     18310



« back to previous step