Trial Balance Worksheet
TRIAL BALANCE
ACCOUNT NAME
DEBIT
A+ Draw + E
CREDIT
Accum Depre+
L+ C+R
Step 1
In the Account Name column,
list the accounts that have
balances. Enter the account
balances in the Trial Balance
columns. Total and rule the
columns.
ADJUSTMENTS
DEBIT
CREDIT
Step 2
Enter the adjustments,
labelling each adjustment
as (a), (b), and so on.
Total and rule the columns.
ADJUSTED TRIAL BAL
DEBIT
A+Draw+E
CREDIT
Accum
Depre+L+C+R
Step 3
Carry amounts across from the
Trial Balance columns plus or
minus any amounts appearing
in the Adjustments column.
Total and rule the columns.
INCOME STATEMENT
DEBIT
E
CREDIT
R
BALANCE SHEET
DEBIT
A+Draw
CREDIT
Accum
Depre+L+C
Step 4, 5, 6
Step 4
From the top of the Adjusted Trial Balance columns,
go down line by line carrying each amount over to
the Income Statement or Balance Sheet columns.
Step 5
Write Net Income or Net Loss in the Account Name
column and the amount in the appropriate Income
Statement column. Total and rule the columns.
Step 6
Enter the net income or loss amount in the appropiate
Balance Sheet column. Total, balance and rule the
columns.