which one is "Balancing totals" at "Cash Receipt" Journal ?

  • Thread starter Thread starter hmm
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hmm

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principals of accounting 1...the book has a lot of exercises but only with the final answer which is often one or two figures .

now i have to make a cash receipt journal and then compare my final answer to the book' answer to know whether it's correct or no ...

the book answers are like this total:
account receivable = xxx
total account payable = xx
balancing totals = xxx

I want to know what is "Balancing totals"?
is it the total debits/credits? total cash?
 
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