1. Chapter 7.2 – Trial Balance out of Balance
When a trial balance does not balance, it will be your job as an accounting clerk to find and ______________.
Finding errors is a _______ that you will need as an ______________!

2. Finding a Single Error
Step 1 – on the trial balance, ________ ____________ between the Debit Column and the Credit Column.
Step 2 – Try each of the __________to find your error. (Next 4 slides)
Step 3 – If that doesn’t work, then follow the _____________________________:
Re-add trial
Check that the values were transferred correctly from the ledger
Re-add the ledger
Check that the balances were transferred from the journal accurately.
Ensure each journal entry balances – Debits = Credits

3. Quick Tests – 1. _________________
If the trial balance difference is a multiple of 10 (such as 10 cents, $1 and $10) usually means that there is an ___________________
Re-add the trial balance columns
If that does not work, re-calculate the balance of each account.

4. Quick Tests – 2. _______________________
Check both the ledger and the journal to see if the trial balance difference is equal to an amount ____________________ ________________________
Whenever you find such an amount, verify it to make sure that it has been handled correctly.

5. Quick Tests – 3. __________________
_______the trial balance difference by 2.
Search the trial balance and the ledger accounts for this divided amount. If the equivalent amount is found, check it carefully that it has been ________________________ ___________.

6. Quick Tests – 4. ________________
If the trial balance difference is a multiple of 9 – it is likely that there is a ____________________.
Transposition Error – is a mistake caused by _______________________ when transferring figures from one place to another.
Example $35.60 is posted as $36.50