Accountancy, asked by ritwikbauri254, 4 months ago

Explain errors not detected by trail Balance

Answers

Answered by vaishnavi94292
1

Answer:

Errors of Omission: If a transaction is completely omitted, there will be no effect on the Trial Balance. When a transaction goes completely unrecorded in both aspects or a transaction after being recorded in the books of primary entry is not at all posted in the ledger, the error is an error of omission.

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Answered by siddhichaudhari400
0

Answer:

The following errors will not be disclosed by the trial balance: error is complete omissions wyl transaction is not recorded. errors of commision.Transaction creaditd to wrong account,but correct amount nd correct side.Compensatory errors: errors of same magnitude but of opposite nature!

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