What types of errors disclosed in Trial Balance?
A Trial Balance discloses the given types of errors as illustrated follows:
a. An item posted two times.
b. A mistake into posting.
c. A mistake into addition.
d. An item left through being posted.
e. Money values wrongly recorded (as Rs. 140/- instead of Rs. 1400/-).
However a Trial Balance, will not disclose errors of omission, errors of principle and errors of compensation.