Your friend runs a small IT consulting practice. She has asked you to help work out why
Question:
Your friend runs a small IT consulting practice. She has asked you to help work out why the trial balance is not equal at the end of the month. Your investigation finds that the total of the debit column is not the same as the credit column. Suggest three reasons why the trial balance does not balance.
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Transposition errors These occur when digits are accidentally reversed during the recording process ...View the full answer
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Related Book For 
Accounting An Introduction To Principles And Practice
ISBN: 9780170403832
9th Edition
Authors: Edward A. Clarke, Michael Wilson
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