Which of the following errors will result into non-agreement of the trial balance ?

CS CSEET · Business Economics & Fundamentals of Accounting and Auditing · PYQS · December 2013
Which of the following errors will result into non-agreement of the trial balance ?
(A) Totalling the returns inwards journal as ₹11,400 instead of ₹12,600
(B) Recording a sales invoice for ₹5,600 as ₹6,500 in the Sales Journal
(C) Failing to record a purchase invoice for ₹54,000 in the Purchases Journal
(D) Recording in the Purchases Journal, an invoice for acquiring a non-current asset for ₹60,000.

Answer & Explanation:

Correct Answer: Option (A)

Correct answer: (A) Totalling the returns inwards journal as ₹11,400 instead of ₹12,600.

Topics: Fundamentals of Accounting and Auditing

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