Maximum Marks: 15 Worksheet-Trial Balance What is meant by a trial balance? i Z. To which account will the unexplained difference on a trial balance be transferred? fm 3. state the name given to the list of debit and credit balances in a business's books ona given date, rey] 4. Name two errors which do NOT affect the trial balance. (21 This worksheet downloaded from uw. dineshbakshicom. Home to IGCSE Business Stules, Economies and Accounting & ICT revision, Loaded with interactive quizes, business news, study nates, case studies and lot of goodies for teachers and students5. Identify the type of error that has been made in the following cases: [51 a A payment from Peter is entered in Paul's account in error. b_ Green bought goods on credit from Jones. In Green's ledger, this transaction was entered on the credit side of Jonah’s account. © Asales invoice is entered in the sales returns journal by mistake, Name the type of error which has been made. d_ Asale on credit to John was entered on the debit side of Paul's account in the seller’s ledger. 6. Explain what is meant by a Anerror ofomission. (2 b- Acompensating error. [2] ‘Teacher’s Comments This worksheet downloaded from uw. dineshbakshicom. Home to IGCSE Business Stules, Economies and Accounting & ICT revision, Loaded with interactive quizes, business news, study nates, case studies and lot of goodies for teachers and students © www.dineshbakshi.com