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FIA FA1 Chapter 2 Trial Balance

Forums › FIA Forums › General FIA Forums › FIA FA1 Chapter 2 Trial Balance

  • This topic has 0 replies, 1 voice, and was last updated 6 years ago by Weifeng.
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  • January 15, 2019 at 9:38 pm #502145
    Weifeng
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    • Topics: 3
    • Replies: 1
    • ☆

    Hello,

    I cannot understand how trial balances are done. In the example in the text, on page 32, why are we ignoring the $5000 CR on the Suppliers book?

    Of course, if you include that 5000 CR in the trial balance, it doesn’t balance any more.

    I can’t see any explanation in that chapter.

    Can someone help?

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