Trial Balance creation

What opening balance?

It depends on the company and stuff but generally your trial balance won't have post period adjustments on it. Some companies go with open close and changes in the year as a way to verify certain balances.

It would be fairly useless on it's own I think.

A trial balance (TB) is just a list of account balances taken from the General Ledger (GL) at a point in time. There is no opening balance in the TB (Different issue if you mean a GL account).

Isn't an "Opening Equity" created when you don't reconcile the bank properly? Is this what the OP is thinking of?

Hi No I meant the use of C/F and B/F there seems to be little hard to understand. For instance in a cash account I have a total of 2000 on the credit side and 1000 on the debit side. I would then balance this using a C/F on the debit side my brought down (b/f) figure is then 1000 this then gets entered on the trial balance as credit. Is this the correct way to balance of an account? Is this always the consistent way to do this? Thanks.

Yes.

This goes back to the days of manual bookkeeping. You would total both the Dr and the Cr columns and put an entry in the smaller column to get it to balance which would then be used to start off the new period with a balance brought forward on the other side.

Hi ahh so its the smaller side which gets entered onto the balance sheet so in my sample below it would be the debit c/f going to the balance sheet and the b/f would begin the new period? As a cash account if it was the other way around then its feasible the credit side could go to the cash B/S? Thanks again

Peter Saxt>

If it was "the other way round" everything would be "the other way round". What does "the credit side could go to the cash B/S" mean?