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SingaporeAccountingQuick questions
The Trial Balance and Correction of Errors
Quick questions on Preparing the trial balance: N(A)-Level Principles of Accounts
3short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.
What is q1?Show answer
State the side of the trial balance on which a bank loan appears. [1 mark]
What is q2?Show answer
Total these debit balances: purchases \5\,000\, drawings \2\,000$. [2 marks]
What is q3?Show answer
Explain why a trial balance that agrees does not prove the accounts are correct. [2 marks]
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