Trail Balance not tallied

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 December 2009 Dear sir/Madam Plz solve my problem i am accountant in NGO
Problem
On 31.3.09 bank Balance Rs 100000
on 31.3.09 advance to mr x 50000
i have joined the NGO from 1.4.09
1.4.09 Grant Received Rs 500000
3.4.09 Travelling allownce paid Rs 30000
30.4.09 Salary paid Rs 200000
MR X SETTLED ADV OF RS 5000 FOR FOOD ON 29.4.09
TRAIL BALANCE AFTER POSTING LEDGER ITS NOT TALLYIED PLESE HELP ME

TRAIL BALANCE AS ON 30.4.09 DR CR
CASH AT BANK 370000
GRANT RECEIVED 500000
SALARY 200000
TRAVELLING 30000
FOOD EXP 5000
MR X ADVANCE A/C 45000

GRAND TOTAL 605000 545000

Querist : Anonymous

Querist : Anonymous (Querist)

24 December 2009 plz help me

Querist : Anonymous

Querist : Anonymous (Querist)

24 December 2009 plz help me

Heera Nahariya

Heera Nahariya (Expert)
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24 December 2009 bank bal 370000
food 5000
adv to X 45000
trav all 30000
Salary 200000
---------------
650000
---------------
Op cap 150000
grant 500000
---------------
650000
---------------
where op cap 50000 adv to x & 100000 Bank

CHEZHIYAN

CHEZHIYAN (Expert)
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24 December 2009 Simple:
In a Double Entry System you cannot enter a un tallied journal or any other postings i mean.... every entry has equal debits and credits... so whatever your posting right or wrong your TB will tally ...
If your TB doesn't tally you have to verify your opening balances...
get you last years audited financial statements and very your opening trail balances