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Post-closing trial balance
What am I supposed to do when the balance is not equal? As in credits do not match debits. I follow the instructions in the book but no matter what it just does not match, even if i do all the debits on one side and all the credits its 11,000 and 12,000. Do I just leave it unbalanced? Its not an error in computing on my part either.
My accounts are
cash in bank - 4,000 debit
accts receivable - 500 debit
accounts payable 4,000 credit
joy ozaki - capital 7000 credit
joy ozaki - withdrawl 3000 debit
misc expense - 3000 debit
utilities expense 1500 debit

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