Trial balance will detect
A)Errors of commission
B)Errors of omission
C)Errors of principle
D)Compensating errors

Question

Quizplus · Accepted Answer

Errors of commission are errors that occur when a transaction is recorded incorrectly. For example, if a purchase of inventory is recorded as a purchase of equipment, this would be an error of commission. Trial balance will detect this error because the total debits will not equal the total credits.

Trial Balance Will Detect