In drawing up a Trial Balance,the following figures are shown:
$$\begin{array} { | l | l | l | }
\hline \text { Accaunt } & \text { Dr } & \text { Cr } \
\hline \text { Bank } & & 1,800 \
\hline \text { Cash } & & 200\
\hline
\end{array}$$
What can be deduced from the extract above?

Question

In drawing up a Trial Balance,the following figures are shown:
$$\begin{array} { | l | l | l | } 
\hline \text { Accaunt } & \text { Dr } & \text { Cr } \
\hline \text { Bank } & & 1,800 \
\hline \text { Cash } & & 200\
\hline
\end{array}$$
What can be deduced from the extract above?

Quizplus · Accepted Answer

The bank account shows a credit balance of £1,800, indicating an overdraft. The cash account also shows a credit balance, which is unusual, suggesting an error.

In Drawing Up a Trial Balance,the Following Figures Are Shown