Ask a New Question

I thought a post closing trial balance is when you list all your accounts and their credit/debit amount and then debits should match credits. When I do this they do not match. Is there something Im doing wrong?

Cash in bank 4000
Accts Reciev 500
Accts Payable 4000
Joy Capital 7000
Joy Withdrawl 3000
Misc Expense 3000
Utilities Exp 1500

Total 12,000 11,000

Similar Questions

T-accounts have been opened using the balances from the adjusted trial balance. Post the closing entries to the t-accounts and
1. 1 answer
Stuck on a few questions from my Accounting class. If anyone can help; I would be really grateful!32. Of the following accounts,
1. 0 answers
Worksheet data for Goode Company are presented in E4-2.Instructions (a) Journalize the closing entries at April 30. (b) Post the
1. 3 answers
Worksheet data for Goode Company are presented in E4-2.Instructions (a) Journalize the closing entries at April 30. (b) Post the
1. 0 answers

more similar questions