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 KCSE business studies paper 1 revision questions and answers Set 1

Outline four types of errors that may cause a trial balance not to balance

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Answer Text:
-Transactions recorded on only one account
-Different amounts for the same transaction entered in the accounts
-posting a wrong balance to the trial balance
-Posting a wrong balance to the wrong side of the trial balance
-Arithmetical errors when balancing the ledgers
-Arithmetical errors when balancing the trial balance


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