HBC 2101: Introduction to Accounting I - ERRORS ON ACCOUNTS

Institution JKUAT
Course Information Technolo...
Year 1st Year
Semester Unknown
Posted By Jeff Odhiambo
File Type pdf
Pages 16 Pages
File Size 331.19 KB
Views 2004
Downloads 0
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Description

The trial balance produced from the accounts appears to be correct, i.e the debits are the same as the credits. However, on taking a close check on the balances and transactions posted, errors may have been made and therefore the balances shown on the trial balance may be incorrect i.e. under or over stated.
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