Balance Sheet Wont Balance, please help

LATAMhopeful's picture
Rank: Monkey | 30

Hi all,

I have been spinning my wheels for the last few hours and cannot, for the life of me, figure out why my BS won't balance. I've checked each cell, looked for a pattern, tried to isolate the error, and reviewed all schedules again but nothing. I already tried to rebuild it from scratch and ended up in the same place. If anyone can help I would be infinitely grateful.


File broken_model.xlsx86.11 KB

Comments (3)

Apr 18, 2019

Not too sure, but your Long Term Assets and Liabilities for 2020 were off by $1.00, respectively.

Apr 18, 2019

You need to eliminate the cents (all 3 digits) on some of the account balances. They aren't consistent and are messing with your totals

Apr 20, 2019