What types of errors disclosed in trial balance, Project Management

Assignment Help:

What types of errors disclosed in Trial Balance?

A Trial Balance discloses the given types of errors as illustrated follows:

a. An item posted two times.

b. A mistake into posting.

c. A mistake into addition.

d. An item left through being posted.

e. Money values wrongly recorded (as Rs. 140/- instead of Rs. 1400/-).

However a Trial Balance, will not disclose errors of omission, errors of principle and errors of compensation.


Related Discussions:- What types of errors disclosed in trial balance

Internal factors of syringe management , Internal Factors Strengths ...

Internal Factors Strengths Strengths of the Syringe management plan are to increase people's manner to use the syringe. Secondly it would reduce the injury of needle ar

What are the examples of conformance management systems, What are the examp...

What are the examples of conformance management systems? Examples of conformance management systems: a. Staff training b. Specific instructions communicated c. Ordinar

Management skills required for a successful manager, How are the management...

How are the management skills required for a successful manager? Management Skills: The skills needed of a successful manager, while he is working into a industry,

Communication and reporting in project management, C ommunication and repo...

C ommunication and reporting Effective communication among all project stakeholders is a leading factor to the success of a project. Sharing knowledge empowers every project s

Explain about the term project planning document, Explain about the term pr...

Explain about the term project planning document. A project planning document (PPD): Project planning document will usually consist of a project technical and resource pl

Why do projects need planning, Q. Why do projects need planning? A basi...

Q. Why do projects need planning? A basic of managing projects is first to plan and then to accomplish. Obviously good project management is lots more complex as we shall see s

Contract management, Contract Management  There are many things involve...

Contract Management  There are many things involved in a project risk policy. One of them is contract management. Various kinds of contract can have an impact on the success of

Process of development, Q. Process of development? Figure shows the pro...

Q. Process of development? Figure shows the process of new product development in the form of a flow chart. As is evident, the process of development starts with the idea gene

Project specification and planning, Industrial Design Industrial Desig...

Industrial Design Industrial Design differs from conventional design engineering in terms of (largely) aesthetic and ergonomic requirements, coupled with a need for effective

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd