The error that affects the agreement of a trial balance t...
The error that affects the agreement of a trial balance totals is
Error of commission
Undercasting
Compensating error
Error of principle
Correct answer is B
The errors that will affect the agreement of the trial balance are: one sided omission, two entries on the same side, undercasting or overcasting of balances etc.
The correct order of liquidity is ...
Determine the opening cash balance of the club? ...
\(\begin{array}{c|c} & N \\ \hline \text{Fixed assets} & 12,000 \\ \text{Current assets} &am...
Which of the following items are current assets? ...
A source document is used for verifying the ...
Which of these is a capital expenditure warrant? ...
The amount set aside out of profit for a specific purpose is ...
Turaki Youth Club Income and Expenditure for the year ended 31/12/04 N N Bal.b/d 3...
Which of the following is recorded in the folio column of the journal? ...