General
Journal
Requirement
General
Ledger
Trial Balance
Schedule of
Receivables
Schedule of
Payables
Income
Statement
Impact on
Income
The trial balance is a listing of all account balances from the General Ledger as of a specific date. Click
on any individual account balance to return to the General Ledger. The trial balance is only as
accurate as the underlying journal entries. If the total debits do not equal the total credits, you
have a journal entry that is out of balance. If you have an abnormal ending balance (indicated with
brackets in the general ledger), you should review the journal entries that affected that account to
ensure that the journal entries are correct.
Show less 
Martin's Company
Trial Balance
July 01, 2021
Account Title
 Cash

Debit
$
23,275
Accounts receivable - Ryan
 Merchandise
 Common
Credit
9,200
inventory
8,831
stock
35,000
 Sales

18,500
Sales returns and allowances
 Sales
 Cost
700
discounts
94
of goods sold
11,400
Total
$

General Ledger
Schedule of Receivables
53,500 $

53,500