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An accountant finds a discrepancy in the trial balance due to incorrect opening balances from the previous accounting period. What type of error is this?
An accountant finds a discrepancy in the trial balance due to incorrect opening balances from the previous accounting period. What type of error is this?
Incorrect opening or closing balances
Transposition error
Mathematical error
Reversal of entry
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Advanced Financial Accounting
Authors: Theodore E. Christensen, David M. Cottrell, Cassy JH Budd
11th edition
78025877, 978-0078025877
