Question: Assume that posting is completed. The trial balance shows no errors, but the sum of the individual accounts payable does not equal the Accounts Payable

Assume that posting is completed. The trial balance shows no errors, but the sum of the individual accounts payable does not equal the Accounts Payable control balance in the general ledger. What two errors could cause this problem?

Step by Step Solution

3.43 Rating (162 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Two errors that may cause a lack of agreement bet... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

1211-B-C-A-B(3177).docx

120 KBs Word File

Students Have Also Explored These Related Cost Accounting Questions!