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In this problem, you will be given three errors that may or may not affect the trial balance . You are to determine the following:
In this problem, you will be given three errors that may or may not affect thetrial balance. You are to determine the following:
- As a result of each error, will the trial balance still balance? Consider each error separately.
If you determine that the trial balance will not balance as a result of the error, then answer the following questions:
- What is the amount of the difference between the two columns of the trial balance?
- Which trial balance column (debit or credit) will become incrementally larger?
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