Help! After closing, the 3 statements & trial balance &everything, how do I calculate the correct balances for thefollowing month? We were given a worksheet which included all of abusiness transactions for June with trial balance & the 3statements & closing now it is up to us to correctly come upwith all 3 statements & trial balances & so forth for themonth of July. Of course things change, I'm not sure what changesfor July. Wendy Help! After closing, the 3 statements & trial balance &everything, how do I calculate the correct balances for thefollowing month? We were given a worksheet which included all of abusiness transactions for June with trial balance & the 3statements & closing now it is up to us to correctly come upwith all 3 statements & trial balances & so forth for themonth of July. Of course things change, I'm not sure what changesfor July. Wendy
Explanation / Answer
what about giving question worksheet here? In absence of such data it wouldn't be possible tocomment.