πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!

  • google app store apple app store
  • βœ–

      Question

      Which one of the errors is disclosed by Trial

      Balance?
      A Errors of Omission Correct Answer Incorrect Answer
      B Errors of Commission Correct Answer Incorrect Answer
      C Errors of Principle Correct Answer Incorrect Answer
      D Errors of Totaling Correct Answer Incorrect Answer

      Solution

      Errors of Totaling: These occur when there are errors in adding or totaling amounts in the ledger accounts or the Trial Balance. Such errors can be identified through a comparison of the totals in the Trial Balance with the actual ledger balances.

      Practice Next
      More Accounts Questions

      Relevant for Exams:

      ask-question