If suspense account does not balance off even after reconciliation of errors, it implies that:
There are same one sided errors only in the books yet to be located.
There are no more errors yet to be located.
There are some two sided errors only yet to be located.
There may be both one sided errors and two sided errors yet to be located.
If two sides of trial balance shows an equal balance, it is presumed that:
the balancing to the ledger are accurate
the posting to the ledger are accurate
the journalising to the ledger are accurate
the transferring to the ledger are accurate
When sale of good is not recorded it is:
An error in posting
Error of omission
Error of commission
Error of principle
Two sided errors will not affect the:
Profit and loss account
Trial Balance account
Ledger account
Balance sheet