- Trial Balance As Of November 30 2018 Debit Acct Account Name Assets 1040 Cash Bank Account 1050 Cash Petty Cash 1060 1 (76.54 KiB) Viewed 27 times
- Trial Balance As Of November 30 2018 Debit Acct Account Name Assets 1040 Cash Bank Account 1050 Cash Petty Cash 1060 2 (31.47 KiB) Viewed 27 times
Trial Balance As of November 30, 2018 Debit Acct. # Account Name Assets 1040 Cash-Bank Account 1050 Cash-Petty Cash 1060 Cash Cash Register 1210 Accounts Receivable 1410 Hair Care Supplies on Hand 1830 Prepaid Insurance 2010 Salon Furniture 2020 Accumulated Depreciation - Salon Furniture 2110 Salon Equipment 2120 Accumulated Depreciation - Salon Equipment Liabilities 3010 Accounts Payable 3310 Federal Income Tax Withheld Payable 3320 State Income Tax Withheld Payable 3330-FICA Soc. Sec. Taxes Payable 3340 FICA Medicare Taxes Payable 3350 Federal Unemployment Taxes Payable 3360 State Unemployment Taxes Payable 3490 Wages Payable Owner's Equity 4100 Victoria Vega, Capital 4200 Victoria Vega, Drawing 4999-Income Summary Revenues 5010 Hair Styling Fees 5020 Perms and Coloring Fees 5030 Manicure and Pedicure Fees 5040 Interest Income 5070 Rental Income Expenses 8010-Wages Expense 8020 Payroll Tax Expense 8030 Hair Care Supplies Expense 8110 Advertising 8120 Bank Charges 8150 Cash Short and Over 8170 Charitable Contributions 8230 Depreciation Expense 8330 Insurance Expense 8430 Repairs 8450 Miscellaneous Expenses 8470 Office Supplies Expense 8550 Professional Fees 8590 Rent Expense 8790 Utilities Expense Totals 61,994.60 300.00 300.00 2,500.00 18,000.00 0.00 6,500.00 22,500.00 236,000.00 268,000.00 22,059.30 10,500.00 0.00 0.00 33.00 8,800.00 4,400.00 10,545.00 0.00 1,188.00 1,256.00 53,200.00 77,000.00 6,826.00 811,901.90 Credit 2,200.00 6,800.00 6,630.00 1,387.10 1,329.90 1,773.20 414.70 156.00 270.00 0.00 20,000.00 0.00 528,333.00 133,303.00 71,767.00 0.00 37,538.00 811,901.90
Step #2: "Copy and paste" all the November 30th, 2018 Trial Balance data into all the general ledger accounts On the "Balance" line in each general ledger account line write "November 30th" in the date column, and the dollar amount from the trial balance into the "Balance" column. When you are done, insure that the debits and credits are in balance by entering debit balances into a calculator as pluses and credits as minuses--the total should be zero.