Skip to content
Higher Studies Materials, Notes, Articles
  • Management
    • Management Theories
    • Decision Making
    • Planning
    • Control
    • Motivation
    • Organizing
    • Strategy
    • MBO (Management by objectives)
  • Organizational Behavior
    • OB Intro
    • Attitudes
    • Values
    • Learning
  • Accounting
    • Accounting Basics
    • Journal
    • Ledger
    • Trial Balance
    • Inventory
    • Financial Statements
  • Leadership
    • Leadership Theories and Models
  • Entrepreneur
  • Marketing
Search for:

Trial Balance

Trial Balance Errors and Rectification of Trial Balance Errors

Trial Balance Errors and Rectification of Trial Balance Errors

Trial balance errors are errors in accounting process that cannot be detected by the trial balance sheet. 2 types of limitations of trial balance are clerical errors, and errors of principles. Clerical errors are made by a human. Errors of principle happen when an accounting principle is not applied.

Trial Balance: Definition, Examples, How to Prepare a Trial Balance

Trial Balance: Definition, Examples, How to Prepare a Trial Balance

A trial balance is a schedule or a list of balances both debit and credit extracted from the accounts in the ledger and including the cash and bank balances from the cash book.

Categories /
  • Accounting
  • Management
  • Leadership
  • Communication
  • Insurance
  • Banking
  • Entrepreneur
  • Marketing
  • Organizational Behavior
  • Auditing
  • © 2017. iEduNote™
  • Contact Us
  • Terms of Service
  • Sitemap