Start practising
Practice mode Accounting

Which of these errors would cause the trial balance not to agree?

Correct answer D. Mistake in balancing an account

Explanation

An error in balancing an account changes the balance carried to the trial balance on one side only, so totals no longer agree. The other errors affect both sides equally.

Report a problem

Answer checked How we write and check questions

Tip: press A, B, C or D to answer, and N for the next question.

Advertisement

More Accounting questions

See all
Question 01 Accounting

The accountant of Leo Ltd. recorded a cheque payment to a creditor for materials as 1,340.56, whereas the bank recorded the correct amount of 3,140.56. No correction has been made and bank reconciliation has not detected the error. What is the effect of this error?

Correct answer D. The favourable bank balance as per Pass Book is less than the Bank balance as per Cash book

Open question
Advertisement

Discussion

Have a question about this answer?

Your email address will not be published. Required fields are marked *

Links and website addresses are not allowed in comments.