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Question Practice

What is the result of errors in recording when balancing accounts?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Accountancy
Financial Accounting - I
Recording of Transactions - II
Question Bank

What is the result of errors i...

Single Answer MCQ
Q-00054063

What is the result of errors in recording when balancing accounts?

1

Errors do not affect totals

2

Carry forward imbalance

3

Balances will equal each other

4

No impact on financial statements

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