मराठी

Why might a trial balance still balance even when there are accounting errors?

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प्रश्न

Why might a trial balance still balance even when there are accounting errors?

पर्याय

  • Because the accountant uses modern software

  • Because some errors don’t affect the total of debits or credits

  • Because profit and loss have not yet been finalized

  • Because the balance sheet has not been prepared

MCQ
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उत्तर

Because some errors don’t affect the total of debits or credits

Explanation:

Errors like omissions or posting to the wrong account do not change the overall debit-credit totals, so the trial balance still appears balanced despite mistakes.

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