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When preparing a trial balance, Jon notices that the totals for the two columns don't match. Specifically, the total in the debit column is $
When preparing a trial balance, Jon notices that the totals for the two columns don't match. Specifically, the total in the debit column
is $ less than the total in the credit column. Jon rechecks his math and confirms that it's correct. Jon's next step should be to
scan the trial balance to see whether a $ balance has been entered into the wrong column.
check the debit column for a transposition error by comparing all debit entries against the corresponding ledger entries.
check the credit column for a transposition error by comparing all credit entries against the corresponding ledger entries.
scan the trial balance to see whether a $ balance has been entered into the wrong column.
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