《新财务英语教程》_Chapter 9.pptxVIP

Chapter9

CorrectingAccountingErrors

TopicsCovered9.1AccountingErrors9.2TrialBalanceBalances 9.3TrialBalanceDoesNotBalance 9.4StepstoCorrectAccountingErrors 9.5SuspenseAccount

9.1AccountingErrorsItwasverytimeconsumingfortheaccountanttopickuponandtracetheoriginsofanyerrors,especiallywhentheerrorsweresmall.Togettothebottomofanyaccountingerror,lookatthetrialbalance.

9.2TrialBalanceBalances

9.2.1ErrorofPrincipleThismeanseitherthedebitorcreditsidegoesintothewrongFinancialStatementsbutthesideitselfiscorrect.Example：A