Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Which of the following errors/s can a trial balance be used to detect?

a. A calculation error resulting in sales tax being entered twice

b. The omission of depreciation on a new asset purchase

c. A transposition error when entering the credit side of an entry

d. A missing payroll entry

user-image
Question added by Michael Lagunday , Accounts Assistant , Invest Group Overseas LLC
Date Posted: 2015/08/11
Md. Moshiur Rahman Sumon
by Md. Moshiur Rahman Sumon , Assistant General Manager( Corporate Finance & Head of Internal Audit) , Progressive Life Insurance Company Limited

C) A transposition error when entering the credit side of an entry is the correct answer.

Saidul Alam
by Saidul Alam , Accountant , Akhtar Al Balushi Trad. & Cont. L.L.C

Correct answer is C......................

More Questions Like This