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-   -   Trial balance (https://www.askmehelpdesk.com/showthread.php?t=252109)

  • Aug 23, 2008, 10:53 AM
    kekebrown
    Trial balance
    Even when a trial balance is in balance, there may be errors in the individual accounts.

    TRUE/ FALSE

    I think it is true, it is a trial not a final balance
  • Aug 23, 2008, 04:56 PM
    CaptainForest
    True is the correct answer.

    One example could be, you debit Accounts Receivable for 200 instead of a debit to Cash
  • Aug 23, 2008, 05:04 PM
    lwelch
    Very True

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