Disagreement of trial balance includes which errors?
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Answer:
Disagreement of trial balance includes which errors?
Answer :-
5 Errors not Disclosed by a Trial Balance
- Errors of Principle: ADVERTISEMENTS ...
- Errors of Omission: If a transaction is completely omitted, there will be no effect on the Trial Balance. ...
- Posting to Wrong Account: Posting an item to wrong account, but on the correct side. ...
- Error of Amounts in Original Book ...
- Compensating Errors ...
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Explanation:
there are four types of errors
1 . data entry errors
2. errors of commission
3. errors of omission
4. errors in principle.
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