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This question belongs to Commerce Accounting
Accounting
?

Which error cannot be revealed on the preparation of trial balance?

Answer & Solution
Correct Answer: Option B
Compensatory errors cannot be revealed on the preparation of trial balance. Compensating Errors are error on the debit side and is compensated by an error of equal amount on the credit side.
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Lineo 'Mats'epo
Lineo 'Mats'epo 3 years ago
Why error of commission is not revealed by a trial balance