Describe the types of errors that: a. Cause a trial balance to disagree; b. Do not cause
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a. Cause a trial balance to disagree;
b. Do not cause a trial balance to disagree?
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a Errors that cause a trial balance to disagree 1 Arithmetic errors such as the incorrect addition of the amounts on one side of an account andor in the calculation of a balance Adding in accounting i...View the full answer
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Related Book For
Introduction To Financial Accounting
ISBN: 978-0077138448
7th edition
Authors: Anne Marie Ward, Andrew Thomas
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Related Video
A trial balance is a list of all the general ledger accounts contained in the ledger of a business. This list will contain the name of each nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will hold either a debit balance or a credit balance
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