Because despite the agreement of test balances, it may have undetected errors. These are called the limits of the balance of tests. Some errors can occur in the management of transaction accounts because accounting standards are not properly evaluated. Goods bought at 1000 $US. If this transaction is not recorded on the books, the consent of a trial balance is not affected. The balance of the tests does not match if the in-kind account balances are not properly transferred. The lack of registration of a given transaction does not impede the approval of the test balance sheet. Correcting accounting errors by erasing is contrary to accounting principles. The balance of tests is the only way to detect account errors, if any. But errors can remain on the accounts even after the test balance checkout has been approved. It is essential to correct account errors if they exist.
Which of the following errors affects the agreement on the test check? The reasons why the sums of the two parts of the experimental balance are different are: Undetected errors of this type are usually divided into two groups: in the case where such an error-voltage account is used to make the totals of the test balance, z.B. if the debit column is short, the voltage count is used for this defect and vice versa. Here is a detailed description of errors that have an impact and errors that do not affect the test balance. Errors that affect both the load and the assets are called double-sided errors. If errors affect credits and credits for the same amount of money, the balance of the trial agrees. The amount recorded in the registration of a given transaction may be larger or smaller in in-kind accounts, and the debtor is treated as a creditor and creditor as a debtor, these types of errors are called commission errors. The limits of the balance of the tests are errors in the accounting process that cannot be detected by the balance sheet. If the totals of the test balances are the same, the accounting process is considered correct. Mistakes made as a result of the negligence of accounting staff are spelling mistakes. These errors are of four types. But the approval of the debit and credit columns of the test balance sheet does not necessarily prove that there is no error in the accounting process. However, troubleshooting depends on the level errors found.
The following errors do not preclu her agreement on a test check. Despite the following errors in the accounts, the amounts of the debit column and the credit column match.