First look at the trial balance
Started 6 days ago
Accounting — HKDSEHKDSE
- Session:
- First look at the trial balance
- Primary topic:
- Trial balance
- Level:
- Core
- Mastery:
- Developing62%
Also covered: Financial statements
Conversation
You
If my trial balance balances, am I done?
StudyPath
No — and that is a favourite exam question. Six error types leave a trial balance in balance: omission, commission, principle, original entry, complete reversal, and compensating errors. A balanced trial balance proves arithmetic, not accuracy.
Continue this session
Wrong scope?
Moving a session drops its topic links and re-runs classification against the new scope. A topic never crosses scopes.