even if trial balance matches there could be error explain?



even if trial balance matches there could be error explain?..

Answer / satyaki_raju@yahoo.com

Even if Trail balanced tallies ther could be scope for
errors . trail balance helps us to know the arthimatical
accuaracy of the books of accounts. There is every scope
for Errors of principle,Errors of commission Compensating
errors those can be detected only thru thorough audit

Is This Answer Correct ?    5 Yes 1 No

Post New Answer

More Accounting AllOther Interview Questions

How Many kind of expenses or Income will come under direct expenses or Income ?

5 Answers   FedEx,


Dear All, Please reply ASAP. I have an account with SBI and ICICI bank. I have mention the Authorised bank address of SBI in our Shipping bill and GR. But we have received the Payments in ICICI Bank. Please inform who are able to realise the Bank Realisation Certificate (BRC)ICICI or SBI. Can SBI are quolify for refuse for BRC Application. Please reply of this query on jani_janikalpesh@yahoo.com regards Kalpesh Jani 9978912950

0 Answers  


Placed an order with Mani for supply of goods worth Rs.5000/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?

0 Answers  


what is the service tax ?

3 Answers   PWC,


please send me a HSBC basic accounting question & answers to my mail id.

8 Answers   GE,






please tell me short cut method in maths as well as in english for correcting the error for the post of clerck in bank exam

0 Answers   BSRB,


How many times can one buy and sell within a settlement cycle?

1 Answers   Mellon,


what difference b/w commerce and accounting?

2 Answers   FactSet Systems,


Difference between material in transit and capital work in progress

3 Answers  


Under what rate will be the Head office related accounts, like Head Office Current A/c, Goods from Head Office A/c, will be converted in case of Foreign Branch...??

1 Answers  


Expand---------GMT

1 Answers   RRB,


Short Answer on _____________Whole Sale Trade

0 Answers  


Categories