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Ashika
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Asked: 2024-09-14T14:52:38+05:30 In:

A piece of machinery equipment was purchased for ₹10,000 which was wrongly recorded in purchase account. What will the trial balance show? 1. Trial balance will show a difference of ₹10,000 2. Trial balance will not show any difference 3. Trial balance will show a difference of ₹20,000 4. Trial balance will show a difference of ₹5,000

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A piece of machinery equipment was purchased for ₹10,000 which was wrongly recorded in purchase account. What will the trial balance show? 1. Trial balance will show a difference of ₹10,000 2. Trial balance will not show any difference 3. Trial balance will show a difference of ₹20,000 4. Trial balance will show a difference of ₹5,000
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  1. Ashika
    Knowledge Contributor

    Trial balance will not show any difference

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