हिंदी

An error in recording the transaction amount in both debit and credit columns of the journal will not impact the trial balance. - Commercial Applications

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प्रश्न

An error in recording the transaction amount in both debit and credit columns of the journal will not impact the trial balance.

विकल्प

  • True

  • False

MCQ
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उत्तर

True

Explanation:

  • If the same incorrect amount is recorded on both the debit and credit sides of the journal, the trial balance will still agree because the error affects both sides equally.
  • This type of mistake is known as a compensating error; it does not disturb the equality of debits and credits, so it won’t impact the trial balance.
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अध्याय 12: Accounting Records - EXERCISES [पृष्ठ १५०]

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सी. बी. गुप्ता Commercial Applications [English] Class 9 ICSE
अध्याय 12 Accounting Records
EXERCISES | Q I. 20. | पृष्ठ १५०
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