Action Accounting
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Bling
Balancing Accounts and the Trial Balance: Cash
Scene 96
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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: 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
Cash Account
CR
Date
Details
Amount
Date
Details
Amount
May 15
Bank Account
300
May 26
Sales Returns Account
30
May 31
Balance c/d
270
Debit side total equals
Credit side total equals
Difference equals
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That's correct. The total is €300.
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The total is €300.
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