Asked Sep 19, 2019

Explain why the ledger can still contain errors even though the trial balance is in balance. Give examples of two such types of errors?


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The trial balance is prepared to check the correctness of those posted transaction in ledger accounts. In some cases, some errors may be occuring but regardless of this, those erors may not affect the trial balance. It is due to the nature of such erors and it is very hard to find such errors


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