In the last few articles under this category, different types of errors have been explained. Mistakes have their kinds. Therefore,...
Accounting errors
As explained earlier, certain errors in accounting may not affect the trial balance. When such errors arise, it is necessary...
In the previous article, error of principle was explained. This article takes a look at another error which might occur...
Certain errors won't affect trial balance. This means that a trial balance will have the same balance, in terms of...
Humans are prone to errors. Therefore, when posting to a Ledger, Journal books or an accounting software care must be...
