P-10-2. Rock Castle Construction-Accounts receivable setup You entered all information in QuickBooks during setup in a...

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P-10-2. Rock Castle Construction-Accounts receivable setup You entered all information in QuickBooks during setup in a conversion from a manual system to QuickBooks, including the transactions that make up the beginning balance in accounts receivable. The debits and credits in the ending balance in the general ledger trial balance are equal. When you compare the accounts receivable total in the general ledger trial balance to the balance in manual system, there is a $10,000 difference. Your assistant suggests that you should make a general journal entry to correct the difference. Required a. Can you now change the total in the QuickBooks general ledger trial balance to make it equal the balance in the manual system? P-10-2. Rock Castle Construction-Accounts receivable setup You entered all information in QuickBooks during setup in a conversion from a manual system to QuickBooks, including the transactions that make up the beginning balance in accounts receivable. The debits and credits in the ending balance in the general ledger trial balance are equal. When you compare the accounts receivable total in the general ledger trial balance to the balance in manual system, there is a $10,000 difference. Your assistant suggests that you should make a general journal entry to correct the difference. Required a. Can you now change the total in the QuickBooks general ledger trial balance to make it equal the balance in the manual system?

Answer rating: 100% (QA)

Answer a No we cannot change the QuickBooks general ledger trial bala... View the full answer