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Highlight six types of errors that could be reflected in a trial balance.

Answers

- Single sided entry – a debit entry has been made but no corresponding credit entry or vice
versa.
- Debit and credit entries have been made but at different values.
- Two debit or two credit entries have been posted.
- An incorrect addition in any individual account, i.e. miscasting.
- Opening balance has not been brought down.
- Extraction error – the balance in the trial balance is different from the balance in the relevant
account or the balance from the ledger account has been placed in the wrong column of the
trial balance.

Kavungya answered the question on May 15, 2019 at 14:02

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