Construction Trial Balance


A construction company can use this template spreadsheet to produce a trial balance - a record of a business' general ledger accounts. The trial balance consists of a list of each and every ledger account and the debit balance or credit balance for each account. Companies typically prepare trial balances periodically, usually at the end of a reporting period. The trial balance is an extremely useful worksheet. Not only can it serve to detect any mathematical or bookkeeping errors in a company's accounting system, but the values of the ledger accounts can be used to produce a company's financial statements, such as the balance sheet or income (profit and loss) statement.

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									[COMPANY NAME]
                                   Trial Balance

                  Account                 Type           Debit       Credit

Checking Account               Bank                              -
Retainage Receivable           Accounts Receivable               -
Prepaid Insurance              Other Current Asset               -
Construction Inventory         Other Current Asset               -
Construction In Progress       Other Current Asset               -
Furniture and Equipment        Fixed Asset                       -
Accumulated Depreciation       Fixed Asset                                    -
Vehicles                       Fixed Asset                       -
Accumulated Depreciation       Fixed Asset                                    -
Construction Equipment         Fixed Asset                       -
Accumulated Depreciation       Fixed Asset                                    -
Buildings and Improvements     Fixed Asset                       -
Accumulated Depreciation       Fixed Asset                                    -
Land                           Fixed Asset                       -
Security Deposits              Other Assets                      -
Other Investments              Other Assets                      -
Other Assets                   Other Assets                      -
Accounts Payable               Accounts Payable                               -
Business Credit Cards          Credit Card                                    -
Construction Loan Draws        Other Current Liability                        -
Deposits Received              Other Current Liability                        -
Sales Tax Payable              Other Current Liability                        -
Payroll Liabilities            Other Current Liability                        -
Car Loan Payable               Long Term Liability                            -
Business Loan                  Long Term Liability                            -
Shareholder's Loan             Long Term Liability                            -
Opening Balance Equity         Equity                                         -
Capital Stock                  Equity                                         -
Dividends Paid                 Equity                                         -
Owners Draw                    Equity                                         -
Retained Earnings              Equity                                         -
Construction Income            Income                                         -
Rental Income                  Income                                         -
Other Income                   Income                                         -
Blueprints and Reproduction    Cost of Sales                     -
Bond Expense                   Cost of Sales                     -
Construction Materials Costs   Cost of Sales                     -
Equipment Rental for Jobs      Cost of Sales                     -
Other Construction Costs       Cost of Sales                     -
Subcontractors Expense         Cost of Sales                     -
Tools and Small Equipment      Cost of Sales                     -
                                             [COMPANY NAME]
                                                Trial Balance

                  Account                              Type         Debit           Credit

Direct Labor                                Cost of Sales                   -
Advertising and Promotion                   Expense                         -
Automobile Expense                          Expense                         -
Bank Service Charges                        Expense                         -
Business Licenses and Permits               Expense                         -
Charitable Contributions                    Expense                         -
Computer and Internet Expenses              Expense                         -
Continuing Education                        Expense                         -
Depreciation Expense                        Expense                         -
Dues and Subscriptions                      Expense                         -
Insurance Expense                           Expense                         -
Interest Expense                            Expense                         -
Meals and Entertainment                     Expense                         -
Miscellaneous Expense                       Expense                         -
Networking/ Bus. Development                Expense                         -
Office Supplies                             Expense                         -
Payroll Expenses                            Expense                         -
Postage and Delivery                        Expense                         -
Printing and Reproduction                   Expense                         -
Professional Services (Legal, Accounting)   Expense                         -
Rent Expense                                Expense                         -
Repairs and Maintenance                     Expense                         -
Shop Supplies                               Expense                         -
Taxes - Property                            Expense                         -
Telephone Expense                           Expense                         -
Travel Expense                              Expense                         -
Utilities                                   Expense                         -
Website Development                         Expense                         -

                                                                $           -   $            -
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