Fundamental Accounting Principles -Hardcover
Fundamental Accounting Principles -Hardcover
22nd Edition
ISBN: 9780077862275
Author: John J Wild, Ken Shaw Accounting Professor, Barbara Chiappetta Fundamental Accounting Principles
Publisher: McGraw-Hill Education
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Chapter 2, Problem 20E
To determine

Concept Introduction

Trial Balance: The Trial Balance is a list of closing balance of all the ledger accounts on a particular date. It is a summary of all T-account balances in the ledger and the total of debit and credit balances should always match.

Posting errors: Posting errors are errors of posting the wrong amount or posting in wrong accounts while carrying over an entry from a journal to a ledger.

To Identify: The effects of posting errors on trial balance for the given posting errors.

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Chapter 2 Solutions

Fundamental Accounting Principles -Hardcover

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