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Entering answers into your practice set In this practice set you will use MYOB to record transactions and generate a number of trial balances at
Entering answers into your practice set In this practice set you will use MYOB to record transactions and generate a number of trial balances at different points in time. To verify that your account balances are then correct, you will be required to transcribe your results back into this practice set website. Once your answers are submitted you will receive feedback on the correctness of your MYOB company file. Instructions: For this sample exercise we have provided an extract of a trial balance report that you are likely to obtain from MYOB. Use the extracted report to complete the identical trial balance below it by transcribing the required figures. This is a very simple sample exercise - you are just being asked to copy figures between the two reports. Hints: If an account has a debit balance, enter that balance in the YTD Debit column and leave the relevant YTD Credit column blank. You are not required to use commas to separate thousands or to enter dollar ($) signs. Any commas or dollar signs entered into input boxes will be removed by the practice set website. Trial Balance December 2018 Account # Account YTD Credit ($) 1-1110 Cheque Account YTD Debit ($) 81,468 0 1-1180 Undeposited Funds Electronic Clearing Account 1-1190 0 1-1200 Accounts Receivable 33,792 Transcribe the two highlighted figures ... Account # Account YTD Debit ($) YTD Credit ($) 1-1110 1-1180 Cheque Account Undeposited Funds Electronic Clearing Account 1-1190 1-1200 Accounts Receivable
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