Multiple Choice Questions on Which of the following balance will have trial balance mismatch ........ for UPSC EPFO Exam Preparation

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Multiple Choice Questions

Which of the following balance will have trial balance mismatch ........

General Accounting Principles Rectification of Errors
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    Which of the following balance will have trial balance mismatch-

    Expense written as asset

    Incorrect Answer

    Asset written as expense

    Incorrect Answer

    Wrong totaling of ledgers

    Correct Answer

    Sale of goods to one debtor taken as another debtor

    Incorrect Answer
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    Explanation:

    Wrong totaling is referred to as errors of commission. Error of commission normally leads to trial balance mismatch.

    By: Munesh Kumari
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