I am trying to help my mother with a problem she is having with her pastel books.
Her profit per the trial balance is showing a certain amount and then on the Balance Sheet the "Net Profit/Loss this year" is different.
It is very strange....So the Nett Profit per the TB does not agree to the Profit on the Balance Sheet.
Surely, these 2 should match. I have no idea why there is a difference.
Do you guys have anyway that I could troubleshoot this problem??
I cannot understand why the 2 profits for the same period are different.