The general ledger?

Question

In double entry bookkeeping, if the balance of fixtures is carried down from the previous month in the general ledger, would the double entry be as follows:

Fixtures

DR - Balance b/d $4000

Bank

CR - Fixtures $4000

I am not sure how to record this in a double entry manner. My trial balance is not balancing and I think this may be one of the causes because I did not write the fixtures amount into the bank account.

Answer 1

looks good to me

Answer 2

You only record a transaction one time, when the fixtures were first purchased.  But, that wouldn't be why you weren't balancing, each of those accounts would be simply off by $4000.