Extended trial balance with adjustment
Charlotte77
Registered Posts: 1
Hi there
Just want to know if someone can have a look on the question I got. I couldn't make it balance between P&L and financial statement.
Many thanks!
Regards
Charlotte
Just want to know if someone can have a look on the question I got. I couldn't make it balance between P&L and financial statement.
Many thanks!
Regards
Charlotte
0
Comments
-
The problem is your allowance for doubtful debts. You correctly deducted the £270 from the £520 to get £250 but you have put it into the wrong column in the SFP.
Just shift the £250 from debit to credit and it will work.
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