Question

Errors not detected by a trial balance

Answer 1

The suspense account is the main method used to detect errors that cause discrepancies between the debit and credit balances of the trial balance.

Step-by-step explanation:

Answer 2

There will be no effect on the Trial Balance if a transaction is totally excluded. An error of omission occurs when a transaction is fully unreported in both aspects, or when a transaction is documented in the books of primary entry but never entered in the ledger.

1. Errors of omission

2. Errors of Commission

3. Errors of Principle

4. Compensating Errors

5. Complete reversal errors

6. Transportation errors

7. Duplication errors