Tag: Error of reversal entry

O Level Notes : Accounts - Errors not affecting trial balance

zimsake Aug 29, 2021 0 674

There are errors which do effect the agreement of trial balance. First, Trial balance is not equal and is wrong because of three accounting errors which do effect the agreement of trial balance. Second, The trial balance is equal and wrong because of six accounting errors which do not effect the agreement of trial balance and third, Trial balance is equal and correct.

Tag: Error of reversal entry

O Level Notes : Accounts - Errors not affecting trial balance

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