Under which of the following conditions would a trial balance still balance? l.A transaction was completely left out. ll.Both a debit.and credit entry were overstated by the same amount. lll.A debit entry was left out. lV.Both a debit and credit entry were understated by the same amount. (a)I, II and Ill only (b)I, II and IV only (c)l, Ill and IV only (d)II, llI and IV only

Under which of the following conditions would a trial balance still

1.	Under which of the following conditions would a trial balance still balance? l.A transaction was completely left out. ll.Both a debit.and credit entry were overstated by the same amount. lll.A debit entry was left out. lV.Both a debit and credit entry were understated by the same amount. (a)I, II and Ill only (b)I, II and IV only (c)l, Ill and IV only (d)II, llI and IV only
Answer» (b) I, II, IV only. FIRST error is a complete error of omission. Here Trial BALANCE MATCHES. Second error and forth error are both error of compensating. Here trial balance matches. Third error is an error of complete omission. Here trial balance doesn't match. I hope it HELPS :)

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