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The debit and credit columns of a trial balance are not equal. What could be some of the causes for this problem?

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Question ajoutée par Aiman Irfan
Date de publication: 2016/04/17
Adeel Iftikhar Adeel
par Adeel Iftikhar Adeel , COUNTER SERVICE OFFICER , SONERI BANK LTD

We check all entries and find.

Agbor Nyenty Hugue Marcel
par Agbor Nyenty Hugue Marcel , Junior Internal Auditor , GEOLOG INTERNATIONAL

Some of the causes include;

- Entries made twice

- Entries not made at all

- Entries to wrong account

- Reversed entries

- Unbalance entries

Ashish Sharma
par Ashish Sharma , Assistant Manager - Credits , Bank Of India

There can be any of the following cause for non balancing of trial balance:

Wrong posting

Incorrect amount

Typographic error

juned rajiwate
par juned rajiwate , Account Assistant , AL HAFEZ TRADING EST

A trial balance is a basic accounting tool that lists all of a business's credits and debits in two side-by-side columns. If there are no errors, the two sides of the trial balance will be equal. An unequal trial balance indicates some sort of error

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