disadvantage of trial balance
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Answered by
3
Answer:
A trial balance has some limitations :
It does not prove that all transactions have been recorded. It does not prove that the ledger is correct. Numerous errors may exist even though the trial balance columns agree. It cannot find the missing entry from the journal.
Answered by
3
Answer:
It does not prove that all transactions have been recorded.
It does not prove that the ledger is correct.
Numerous errors may exist even though the trial balance columns agree.
It cannot find the missing entry from the journal.
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