Explain the errors which are disclosed by trial balance
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❏Certain errors will not affect the agreement of trial balance. Though such errors occur in the books of accounts, the total of debit and credit balance will be the same.
☆Errors of complete omission, error of principle, compensating error, wrong entry in the subsidiary books are not disclosed by the trial balance
Answered by
2
★Certain errors will not affect the agreement of trial balance. Though such errors occur in the books of accounts, the total of debit and credit balance will be the same.
★Errors of complete omission, error of principle, compensating error, wrong entry in the subsidiary books are not disclosed by the trial balance .
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