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Yes, there could be errors even when the trial balance agrees. For example, the columns in a trial balance would still agree if an entry was omitted or entered incorrectly in the same amounts in corresponding accounts.

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10y ago

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What is bank reconciliation?

Bank reconciliation is the act of settling differences contained in a bank statement and the cash account in the books of the bank's customer. Once completed, the adjusted bank balance must prove to the adjusted book balance. When it does, it indicates that both records are correct. Journal entries are then prepared to update the records and to arrive at an ending balance in the cash account that agrees with the ending balance in the bank statement.


Does the president have to sign legislations for it to become a law?

yes, under two circumstances, that he likes the idea and that the head of every state agrees, then yes


What is accounts payable balance sheet?

Accounts payable on the balance sheet is the amount of money the company owes its vendors from invoices the company has received from them (and assuming the company agrees they owe the money)


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Yes, a retailer can change the price after purchase under certain circumstances, such as if there was a pricing error or if the customer agrees to the change. It is important to check the store's policies and local consumer protection laws for specific details.


What is a homophone for agrees?

There are no homophones for the word agrees.


How do you make a letter of explanation about being late on a meeting?

You write down why you were late, taking special care to explain why the circumstances were unavoidable, and hope the recipient agrees that you did, in fact, have a good excuse.


After the car is auctioned can you make payments for the remaining balance?

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Can a juvenile in Kentucky become emancipated?

The state of Kentucky does not have an emancipation law. However, a minor can become emancipated if a parent agrees to allow it. If not and there are extenuating circumstances, the minor can petition the court to grant them emancipation.


Can a person convicted of a felony agree to serve in the armed forces instead of prison time?

ONLY if the judge offers that alternative, AND a branch of the military agrees to accept your enlistment under those circumstances.


What is a negotiated debt settlement?

Negotiated debt settlement is when a creditor agrees to close a debt and consider balance zero by accepting less than the full balance that is owed. Let's say you owe capital one $10,000. You have $3,000 and offer them to consider the remaining balance forgiven. If they accept, you have a negotiated debt settlement.


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What is the singular form of agree?

he/she/it agrees