Trial Balance and A/P Schedule

by Claire
(Massachusetts)

Trial Balance

Trial Balance

I have a general journal entry that says "check correction wash". What does that mean? And how would QB's mark it as paid? This is causing the two to not balance.

Comments for Trial Balance and A/P Schedule

Average Rating starstarstarstarstar

Click here to add your own comments

Dec 05, 2017
Rating
starstarstarstarstar 		Check Correction
by: Stephanie

It's hard to say what exactly that means, but it sounds perhaps like it could be a kind of a suspense account or an over/under account for tracking book to bank discrepancies.

Click here to add your own comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Accounts Payable Questions.


Please subscribe to my monthly newsletter, Bookkeeping Basics E-zine. It tells you each month about the new information that I have added, including some great tips and advice from myself and other Bookkeeping Basics readers.

Enter Your E-mail Address
Enter Your First Name (optional)
Then

Don't worry — your e-mail address is totally secure.
I promise to use it only to send you Bookkeeping Basics E-Zine.

Like Bookkeeping-Basics.net?