Intro to Accounting - Assignment 3

My student's Trial Balance and General Ledger don't match the answer keys. How do I locate and fix the error?

• Within part 5, student's will be posting their in-store and online sales entries for the 3 months. To locate and fix the error, start by comparing your student's trial balance with the answer key. The 5 main accounts to review in this section are going to be:
  
  • Sales Tax Payable
  • Book Sales: In-store
  • Book Sales: Online
  • Sales Discounts
  • Sales Returns
• Once you have determined which accounts are off, the next step is to review the General Ledger. Navigate to Reports > Accountant > General Ledger. Review each account one at a time and compare with the GL answer key. Determine which accounts are missing or posted incorrectly.
• If unable to locate the errors from within the General Ledger, be sure to review the Journal Entry details from within the teacher portal which will provide a full breakdown of what each entry should look like.

• Once the mistakes have been located, view How to edit or delete a journal entry.