Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1. Explain how accountant can, and should, play a major role in all phases of producing XBRL report. 2. The trial balance lists the balances
1. Explain how accountant can, and should, play a major role in all phases of producing XBRL report.
2. The trial balance lists the balances for all general ledger accounts. If all activities have been properly recorded, the total of all debit balances in various accounts should equal the total of all credit balances. If they don't., a posting error has occurred. How can one detect such an error?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started