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Correction of errors

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Correction of errors

  • This topic has 3 replies, 2 voices, and was last updated 9 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
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  • April 27, 2016 at 1:39 am #312795
    abrizni10
    Member
    • Topics: 55
    • Replies: 49
    • ☆☆

    Sir if petty cash book balance is omitted from the trail balance, will it affect the trail balance from tallying?

    April 28, 2016 at 11:46 am #312927
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54832
    • ☆☆☆☆☆

    You have already asked this once and I have answered.

    The trial balance should include all account balances. So if the balance in petty cash is missed out then the trial balance will not balance.

    April 29, 2016 at 2:53 am #312998
    abrizni10
    Member
    • Topics: 55
    • Replies: 49
    • ☆☆

    Thank u very much

    April 29, 2016 at 8:40 am #313018
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54832
    • ☆☆☆☆☆

    You are welcome 🙂

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