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If the total debit does not equal the total credit in the trial balance, which of the following steps can help to detect errors? Check
If the total debit does not equal the total credit in the trial balance, which of the following steps can help to detect errors? Check that the correct account balances have been transferred to the correct trial balance columns. Run spellcheck to find any errors in the chart of account names, and correct the errors. Check that each transaction was recorded correctly by tracing the amounts to the financial analysis. Compare the accounting transactions for the period to last years accounting transactions.
If the total debit does not equal the total credit in the trial balance, which of the following steps can help to detect errors?
Check that the correct account balances have been transferred to the correct trial balance columns.
Run spellcheck to find any errors in the chart of account names, and correct the errors.
Check that each transaction was recorded correctly by tracing the amounts to the financial analysis.
Compare the accounting transactions for the period to last years accounting transactions.
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Standards For The Professional Practice Of Internal Auditing Statements On Internal Auditing Standards Statement Of Responsibilities Of Internal Auditing Code Of Ethics
Authors: Inst
1st Edition
0894133462, 978-0894133466
