Question

What are the errors disclosed by a trial balance?

Answer 1

Certain errors affect the agreement of trial balance. If such errors have occurred in the books of accounts, the total of debit and credit balances will not be the same. The trial balance will not tally. The error of partial omission and error of commission affect the agreement of trial balance.

Examples of such errors are as follows:

1. Entered in the journal but posted to one account and omitted to be posted to the other.
2. Posting an amount to the wrong side of a ledger account
3. Posting twice in a ledger account.
4. Over-casting or under-casting in a subsidiary book.
5. Posting a wrong amount to the wrong side of an amount.
6. Errors in carrying forward the page total from one page to the next page of an account or subsidiary book.
7. Errors arising in the balancing of an account.
8. Omission to post an entry from a subsidiary book.