Entering Accountant Trial Balance Info Problem

06/14/09 9:40am PDT, Viewed by asker 06/16/09 5:46pm PDT
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I just started using Quick Books January 1, 2009. My accountant gave me some numbers to enter in various accounts (equity, fixed assets, payables, amort, deprec, ect.) from a trial balance worksheet. What are the "offsetting" accounts?

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All Replies: Answers (3) Comments (1)

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Answer

06/14/09 12:12pm PDT

Recommend you use a quickbooks forum. This forum is used by ProSeries users and discussions are on tax preperation.

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Answer

06/14/09 12:26pm PDT

go to Quick Boobs and learn what "debits" and Credits" are

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Comment

06/16/09 5:45pm PDT

So sorry.

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Answer

06/16/09 6:07pm PDT

The trial balance worksheet should balance, by which I mean, there should be debits on the left side, and credits on the right. If you do a journal entry and enter what the accountant gave you, it should all balance out. Are there equity accounts listed on what was given to you?

Monique Colver
Certified QuickBooks ProAdvisor
www.colverbusinesssolutions.co...
monique.colver@gmail.com
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