Asked by Saarthak Sharma on May 07, 2024

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Trial balance column incorrectly added.
A)Trial balance preparation errors
B)Account balance errors
C)Posting errors

Trial Balance Column

A report that lists the balances of all general ledger accounts at a particular point in time, serving as a tool for verifying the total debits equal total credits in the accounting system.

Trial Balance Preparation

The process of compiling the balances of all ledgers into debit and credit columns to ensure that the total debits equal total credits in financial accounting.

Account Balance

The sum of money available in a financial account at a specific moment.

  • Detect and correct usual errors in accounting practices affecting the trial balance.
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Verified Answer

LS
Lancelot SordanMay 07, 2024
Final Answer :
a