Adam’s Trial Balance Case Study Help

Required:

This is a roleplay scenario…

1. Discuss with Adam about completing routine activities accurately (e.g., understanding the importance of entering data accurately)
2. Discuss non routine and non-repetitive accounting events that may impact on balancing a trial balance. Discuss the data entry process!
3. Advise Adam about the impact of transposition errors on trial balance. Why this may happen? (Identify the fundamental concept of transposition errors; the impact of transposition errors when balancing a trial balance, why this may happen)
4. Advise Adam where he can look for further advice if he still can’t make the trial balance balanced? Explain to him that he cannot solely rely on your discussion as you are not qualified to give advice)