Question: A trial balance would only help in detecting which one of the following errors? A transaction that is not journalized. An error when transferring the
A trial balance would only help in detecting which one of the following errors?
A transaction that is not journalized.
An error when transferring the debit side of journal entry to the ledger occurred; it was recorded as a credit.The credit side of the transaction was recorded correctly.
A journal entry that is posted twice.
A trial balance would help detect all of these errors.
For a given transaction, the account that should have been debited was credited and the account that should have been credited was debited.
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