Accountancy, asked by sarveshbaghl7496, 1 year ago

Agrement of trial balance does not mean that there is no error in accounts book.Do ypu agree

Answers

Answered by Akhilrajput1
2
 trial balance is a basic accounting tool that lists all of a business's credits and debits in two side-by-side columns. If there are no errors, the two sides of the trial balance will be equal. An unequal trial balance indicates some sort of error, but even an equal trial balance can hide other types of accounting errors.  These are the possible errors to be made:  wrong columns,wrong amounts or typographical error and arithmetic error
Answered by guptaunnati1220
1

yes i agree with this statement because trial balance is just a statement which help for preparation  p&l & trading a/c

Trial balance a statement of all debits and credits in a double-entry account book, with any disagreement indicating an error.

I hope this will clear your doubts

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