Action Accounting
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Bling
Balancing Accounts and the Trial Balance: Cash
Scene 95
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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 Cash Account: Enter the Closing Balance
Enter the closing balance.
If there is no closing balance just click check your answer without entering anything.
DR
Cash Account
CR
Date
Details
Amount
Date
Details
Amount
May 15
Bank Account
300
May 26
Sales Returns Account
30
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 €270 and should be entered on the lower side.
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Are you sure? Try again.
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The Balance c/d is €270 and should be entered on the lower side at May 31.
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