WAEC Financial Accounting 1999 Question 10

Question 10

Trial Balance

Which of the following will not make a trial balance total to agree?

  1. A.Incomplete posting in the ledger accounts
  2. B.Double entry for each transaction
  3. C.Omission of a transaction from the ledger
  4. D.Wrong entry of correct amount into different groups of accounts.
Show the answer and explanation

Answer: A (Incomplete posting in the ledger accounts)

Explanation

If only one side of a transaction is posted, debits no longer equal credits and the trial balance fails to agree.