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Agreement of Trial Balance is not a conclusive proof of
absence of Errors. Will you support me
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Answer Posted / priya
I agree with you as agreement of trial balance is not a
conclusive proof of absence of errors.
The purpose of Tb is to check
arthematic accracy before we prepare Final accounts so here
we are only concerned of tallying debit and credit and not
detecting errors or rectifying them.
By prepering tb it helps us to find errors only
when there is difference between debit amount and credit
amount and it is rectified.
Mr Raju i appreciate your way of questioning but as far
your question is concerned i will support it. And it is
secondary how and when the errors are rectified.
| Is This Answer Correct ? | 4 Yes | 0 No |
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