Several types of errors can be made during the journalizing and posting process. Match the following with their best description.
-Balance entered on wrong side of account
A)Trial balance preparation errors
B)Account balance errors
C)Posting errors
Challenging

Question

Quizplus · Accepted Answer

When the balance is entered on the wrong side of the account, it is a type of account balance error. Trial balance preparation errors usually involve incorrectly totaling the debits and credits or omitting an account. Posting errors involve incorrectly transferring amounts from the journal to the ledger.

Several Types of Errors Can Be Made During the Journalizing