Errors that influence Trial Balance

Question

Write down the errors that influence Trial Balance and errors that don’t influence Trial Balance?

Answer 1

Errors that affect the deed of trial balance that are illustrated below:

i) Incorrect totaling of the subsidiary books.
ii) Posting on the incorrect side of an account
iii) Omission of posting an amount in the ledger
iv) Posting of incorrect amount
v) Mistake in balancing

Errors that don’t influence the deed of trial balance.

i) Errors of Omission
ii) Error of Principle
iii) Compensating Errors.
iv) Recording of incorrect amount in the books of subsidiary books or prime entry.
v) Errors of Commission