Question

Outline 3 Accounting errors that do not affect the trial balance and Why?

Answer 1

Errors that Don't Affect the Trial Balance

If you have an error in your trial balance, it will not be from any of the following:

1.An error of principle in accounting
2.An error of omission in accounting
3.An error of commission
4.A compensating error
5.An error of original entry
 6.complete reversal of entries

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