Accountancy, asked by rishipatil207, 2 months ago



The total of Sales Book was not posted to the ledger. This is​

Answers

Answered by tpalak105
27

None of these

Explanation:

When the total sales book is not posted to the ledger at all, this is an error of partial error.Trial balance is prepared from the balances of the the ledger accounts.This error will affect the trial balance because sales amount ledger always has a credit balance and a missing balance will lead to unstable balance.Here the debit balance of the trial balance will exceed the credit balance because of the missing credit balance of sales account.

This will affect the profit of the year because sales account balance is transferred to the credit of trading account which affects the profit.Missing sales account balance decreases the profit of the year.

I hope it will help you

Similar questions