Get premium membership and access revision papers with marking schemes, video lessons and live classes.
Processing. Please wait.

 Form 3 business studies revision questions and answers set 1

Highlight ant four reasons why a trial balance may not balance

 (2m 3s)
1476 Views     SHARE

Download as pdf file

Answer Text:
-Omission of an entry in the accounts e.g. transaction recorded on one side
-Different amounts of the same transaction might have been entered in the accounts
-Wrong transfer of figures from the ledger account to trial balance
-Arithmetic error when balancing the accounts