What are the types of errors which have an effect on Trial Balance?

What are the types of errors which have an effect on Trial Balance?


Following are the types of errors which affect agreement of Trial Balance:

- Wrong totalling of subsidiary books
- Posting on the wrong side of the account
- Posting of the wrong amount
- Omission of posting an amount in the ledger
- Error of balancing
What type of errors do not affect the Trial Balance?
Following are the types of errors which do not affect the Trial Balance:..
What steps would you take to locate the errors in case Trial Balance disagrees?
In case Trial Balance disagrees, following steps should be taken to locate the errors:..
What measures would you take to rectify the errors?
The other way of rectifying the errors is by passing rectification entries. These entries are passed when the errors which affect…
Post your comment

Related Content

Follow us

▲