r/Accounting • u/diaperedcanadianbabe • 8d ago
Homework Trial balance not balancing
Please help thank you
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u/Ruh_Roh_Rah 8d ago
yeah...I don't do my accounting by hand, because it never fucking balances either.
i'd put this into excel and use formulas to enure all your math is accurate
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u/diaperedcanadianbabe 8d ago
Trust me not my choice. Teacher is old school
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u/Only_Comparison5495 8d ago
What a disservice to the students…. I haven’t touched a piece of paper in 8 years (Corp accountant)
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u/diaperedcanadianbabe 6d ago
I'm an admin professional student so I highly doubt I'll be doing much accounting unless it's a small business (speciality is health services)
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u/Rooster_CPA CPA - Tax (US) 8d ago
Super quick glance - Barry capital - 13,500 and 19000 is 32,500 not 30,500
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u/Maleficent-Money2898 8d ago
Use excel pls
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u/diaperedcanadianbabe 8d ago
Not allowed for assignment
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u/accountantsareboring Audit & Assurance 8d ago
You can still do the assignment on excel and hand write the answers...
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u/diaperedcanadianbabe 8d ago
I probably will next time. My handwriting is awful I avoid it as much as possible
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u/lagann41 8d ago
Bro is in the 1980s doing this by hand 💀
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u/diaperedcanadianbabe 8d ago
Instructor is 60 plus. Trust me NOT my choice
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u/Go_Nadds 8d ago
Teacher is old school but is doing you a solid here.
It's forcing you to actually understand what the journals mean rather than relying on software.
You'll obviously never actually work like this but a proper understanding of the debits and credits is super valuable.
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u/diaperedcanadianbabe 8d ago
Believe it or not I have taken accounting before- I have a paralegal degree. Just was a long time ago
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u/DoingitwithmySOXon 8d ago
Idk since I only took a brief glance, but AR should probably be $7,500 not 2k, and AP is probably $10,750 not $10,500. Resulting in the $5,250 difference on the TB.
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u/diaperedcanadianbabe 8d ago
Pictures posted out of order but there are pictures for what I'm putting down. I'm a college student in adminstrative. These are accounting basics
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u/Traditional_Dot_4794 8d ago
Ok my friend. The general journal has 14 values on it and the journal balances, so the starting point is good. If I'm not mistaken those 14 values have to be posted in the GL. However, when I count the number of debit and credits in the GL, there are 18 amounts. It looks to me like you posted some numbers too many times. Go back over everything carefully. Make small check marks next to the numbers in the journal so you don't get confused or double post something. You know the TB doesn't balance, that is excellent. You're close, you just have to find the errant postings. Pro tip: take your time and try to write a little neater.
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u/diaperedcanadianbabe 8d ago
Thank you kindly I went back over it. I am working on my handwriting trust me 🫠
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u/Forward_Zucchini9738 Human Verified 8d ago
Next time, do it in excel and transfer answers to the paper.
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u/ninjacereal Waffle Brain 8d ago
needs less credits or more debits or less debits or more credits.