Preparing a Trial Balance: Alex's Auto Detailing

Activity Description

In this worksheet, students will help Alex by preparing a trial balance for his business. Students will be provided with 13 ledgers, each containing random transaction amounts. Their task is to calculate the total debit and credit balances for each ledger account and enter the final totals into the trial balance table.

What Students Will Do:

• Review 13 ledgers and their balances.
• Calculate the total debit and credit balances for all ledger accounts, and enter the total Debit or Credit balance in the Trial Balance table.
• Ensure that the debits and credits are equal in the final Trial Balance table.

Key Features:

• Randomization: Each student will receive unique ledger amounts to ensure independent work and prevent copying.
• Auto-Grading: The worksheet is automatically graded, providing immediate feedback on the accuracy of the trial balance.

This hands-on activity reinforces students’ understanding of how to prepare a trial balance, an essential step in ensuring that the financial records are accurate and balanced.

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