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متابعة

TRIAL BALANCE RECONCILATION

<p>Which TWO of the following errors would cause the total of the debit column and the total of the credit column</p> <p>of a trial balance not to agree?</p> <p>(1) A transposition error was made when entering a sales invoice into the sales day book</p> <p>(2) A cheque received from a customer was credited to cash and correctly recognised in receivables</p> <p>(3) A purchase of non-current assets was omitted from the accounting records</p> <p>(4) Rent received was included in the trial balance as a debit balance</p> <p>A1 and2</p> <p>B1 and3</p> <p>C2 and3</p> <p>D2 and4</p> <p> </p>

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تم إضافة السؤال من قبل Ibtisam Haider Syed , General Accountant , DAR AL AQAR REAL ESTATE LLC
تاريخ النشر: 2014/11/20
Jamil Ahmed Khan
من قبل Jamil Ahmed Khan , qc qa mechanical project inspection engineer , Saudi Aramco

It is a reconciliation of entire accounts (Debit & Credit) of an organization, Trial balance is the reconciliation of debit and credit transactions and it measures the arithmetic accuracy. ‎        

Yajna Sapkota
من قبل Yajna Sapkota , Manager , Cooperatives organization

Trial balance is the reconciliation of debit and credit transactions and it measures the arithmetic accuracy.

Ebad Ullah  Hamsher Ullah
من قبل Ebad Ullah Hamsher Ullah , Deputy Chief Accountant Cum Admin , M/s RIZWAN GROUP

It is a reconciliation of entire accounts (Debit & Credit) of an organization

Umer Sharif
من قبل Umer Sharif , Consultant Lead Financial, Functional, Implementation of Infor ERP Syteline ‚ Eccountant & SmartHCM. , Bin Rasheed Technology Pvt Ltd.

Option "B"

Majeed Thuppath Mohammed Koya
من قبل Majeed Thuppath Mohammed Koya , Manager - Commercial and Accounts Receivable , Autorent-Easy Drive Car Rental Company

B

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