What are the main causes al disagreement of a inal Balance? Briefly explain.
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Explanation:
Disagreement of a trial balance may be caused by the wrong totaling or balancing of ledger accounts. While totaling the figure of subsidiary books there may arise some errors that will cause disagreement of trial balance. Omission to post a ledger balance also causes the disagreement of a trial balance.
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2
Answer:
The reasons for the difference between the balance on the bank statement and the balance on the books consist of
Explanation:
1. Ad by Valueimpression
2. Outstanding checks.
3. Deposits in transit.
4. Bank service charges.
5. Check printing charges.
6. Errors in the books.
7.Errors by the bank.
8. Electronic charges on the bank statement not yet 9.recorded in the books.
10. Electronic deposits on the bank statement that are not yet recorded in the books.
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