Extended trial balance with adjustment

Charlotte77Charlotte77 Posts: 1Registered
edited October 10 in Advanced Bookkeeping
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

Comments

  • Clintm15Clintm15 Well-Known FarehamPosts: 232Registered
    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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