Inspite of the errors that are possible in the trial balance, a trial balance can be used in the following thus:
(a) it series as a proof of the arithmetical accuracy of entries in the ledger.
(b) it serves as a means of providing analysis which are subjected to some adjustments, from which the final accounts can be prepared.
After detecting the errors, how are they being corrected? The solution to this question will be seen in the exercise that follows.