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AlekseyPX
2 years ago
7

A trial balance would only help in detecting which one of the following errors? Offsetting errors are made in recording the tran

saction A transposition error when transferring the debit side of journal entry to the ledger A transaction that is not journalized A journal entry that is posted twice
Business
1 answer:
Stels [109]2 years ago
7 0

Answer:

The transposition error, that occurs when transferring debit side of journal entry to the ledger balance.

Explanation:

Transposition error is an error in which the letters of a number are exchanged, that is for example the correct value = 25,968 but it is entered as 2,9568 there 9 and 5 are reversed that is there places are changed, in this case there will be a difference in debit and credit balance in trial balance.

Because this only amount is not recorded correctly. The amount recorded as against debit or credit of this particular amount is recorded correctly and thus, trial balance will not match.

This will be clearly identifiable.

Correct statement is

Statement 2

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A fraud examiner can request a business’s bank records even if the business is not legally obligated to comply.a) trueb) false
galben [10]

Answer:

false

Explanation:

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2 years ago
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WITCHER [35]

$3,504,000

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7 0
3 years ago
The control zone in which response actions should be limited tot he shortest possible entry time is the hot zone?
Finger [1]
Yes it is correct, your answer is correct.
4 0
3 years ago
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Answer:

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Explanation:

Supply Management -

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7 0
3 years ago
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earnstyle [38]

Answer:

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