Which of the following errors will affect the totals of a trial balance?

Assessment: WAEC SSCE - Financial Accounting - 2011 (Objective) Subject: Financial Accounting

Question 1 Report

Which of the following errors will affect the totals of a trial balance?
Answer Details
An error in addition will affect the totals of a trial balance. When amounts are added incorrectly or transposed, the totals will not match, resulting in an imbalance in the trial balance. Other errors like compensating errors, complete reversal of entry, or error of original entry may not affect the totals of the trial balance as they may still balance out. However, an error in addition will affect the total and will result in an imbalance in the trial balance.

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