USA Opening Balance Equity not zero

[illumined]

So recently I decided to get some practice with Quickbooks to keep my skills sharp. I went ahead and started the comprehensive review problem II from my accounting textbook (College Accounting by Paradigm Publishing if anyone is curious). The first thing I did was open up a bunch of accounts, most of which have opening balances. After I entered everything I noticed the Opening Balance Equity account was not zero, looking it up in QB help it says I probably didn't enter everything in. I figure either I missed something somehow or I didn't set it up right.


I looked for a place where I can get a second opinion, and I landed here. If anyone can guide me to the light I would greatly appreciate it. I've attached the trial balance.

 

[maliachick]

For every entry you made, there should have been an opposing entry for it. For example, at first glance of your TB, you had $2955 in Accounts Receivable, giving you an opposing entry of $2955 in Income. etc. So, in some of your entries, you did not have an opposing entry so it recorded to Opening Balance Equity, showing the owner putting that $$entry as part of their capital. If that's not the case, then you need to decide what the opposing entry should be.