An error involving an excess credit to an account shall be revealed by the Trial Balance. Is this statement correct?

Yes, totally correct

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Yes, partially correct

No worries! We‘ve got your back. Try BYJU‘S free classes today!

No, not correct

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

None of the above

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C
No, not correct

This error will not effect the Trial Balance as the same amount will be posted in both the accounts.

Suggest Corrections

Similar questions

An error involving wrong totaling of special books shall be revealed by the Trial Balance. Is this statement correct?

Errors of commission of posting of wrong amounts in both the accounts can be revealed by Trial Balance. Is this statement correct?

If there is a compensating error in books, then the totals of debits & credits shall not tally in the Trial Balance. Is this Correct?

In case of Errors of Principle, there is no effect on the Trial Balance as the amounts are placed on the correct side of the Trial Balance though in wrong accounts. Is the above statement correct?

Which of the following errors shall be revealed by the Trial Balance?

Join BYJU'S Learning Program

An error involving an excess credit to an account shall be revealed by the Trial Balance. Is this statement correct?

The correct option is C No, not correct This error will not effect the Trial Balance as the same amount will be posted in both the accounts.

The correct option is C
No, not correct

This error will not effect the Trial Balance as the same amount will be posted in both the accounts.