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.

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