English

State whether the following statement is True or False with reason: A Trial Balance can agree in spite of certain errors. - Book Keeping and Accountancy

Advertisements
Advertisements

Question

State whether the following statement is True or False with reason:

A Trial Balance can agree in spite of certain errors.

Options

  • True

  • False

MCQ
True or False
Advertisements

Solution

This statement is True.
Certain errors, like Error of Complete omission, Error of principle, or Compensating error, due to which a trial balance can agree because there are two sided errors.
shaalaa.com
  Is there an error in this question or solution?
Chapter 8: Rectification of Errors - Exercises [Page 267]

APPEARS IN

Balbharati Book Keeping and Accountancy [English] Standard 11 Maharashtra State Board
Chapter 8 Rectification of Errors
Exercises | Q 4. 2) | Page 267
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×