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Sabrina Howard
on Nov 12, 2024

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When a transposition error is made on the trial balance, the difference between the debit and credit totals on the trial balance will be

A) zero
B) twice the amount of the transposition
C) one-half the amount of the transposition
D) divisible by 9

Transposition Error

A common accounting mistake where numbers are mistakenly reordered, leading to inaccurate data entry.

Trial Balance

A worksheet used in accounting that compiles all ledger balances into matching total amounts in debit and credit columns.

Debit Totals

An aggregate amount of all debits recorded in an accounting period, indicating resources used or expenses.

  • Pinpoint typical blunders in the process of accounting and understand methods to discover and remedy them.
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Carter CorbettNov 12, 2024
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