Action Accounting
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The Pineapple Pub
Balancing Accounts and the Trial Balance: Creditor - Flash Sales Limited
Scene 71
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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 Creditor - Flash Sales Limited Account: Enter the Closing Balance
Enter the closing balance.
If there is no closing balance just click check your answer without entering anything.
DR
Creditor - Flash Sales Limited Account
CR
Date
Details
Amount
Date
Details
Amount
December 17
Bank Account
8000
December 6
Furniture Account
18000
December 31
January 1
Balance c/d
Balance b/d
December 31
January 1
Balance c/d
Balance b/d
Debit side total equals
Credit side total equals
Difference equals
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That's correct. The balance is €10000 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 €10000 and should be entered on the lower side at December 31.
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