If there is an error in posting of balances from ledger to trial balance then ........

General Accounting Principles Accounting cycles

Download Solution PDF

If there is an error in posting of balances from ledger to trial balance then

Trial balance will match

Trial balance will not match

No difference in arithmetical accuracy

None of the above

छोटे Courses बड़े Results

Master Accounting cycles

Prepare through Micro-courses

Try Now

Explanation:

A mismatch between debit and credit totals in the trial balance usually means that one or more transaction postings from journal to ledger are either in error or missing. Accountants may ultimately have to examine every debit-credit pair of journal entries to find the mistake.

By: Subhash Singh

Profile ResourcesReport error

Submit Error

Let's Discuss

Post Comment

Rohit Badave

Please frame questions carefully. Errors can be of two types. Only mentioning posting is not accurate.

Ankur sharma

Question is right, you have to understand the statement, according to question error has taken place while posting balances from ledger to trial balance. This is an individual account error, hence such a mistake will effect the trail balance & it will not match. In the question error is given, you have to answer weather it effects the trial balance or not

Suhaib Rashid

Kindly recheck the answer and options

Suhaib Rashid

Kindly recheck the answer and options