Imagine the accounting team forgot that your company had to pay property taxes on its warehouse. Assuming the tax bill hasn’t been paid yet, where could the accounting track down this error? (1 point) Responses financial statement financial statement trial balance trial balance general ledger general ledger journal entry

Answer 1

The accounting team could track down this error in the general ledger. The general ledger contains all accounting entries, including those related to property taxes, which would help identify whether the liability for the property tax was recorded and if the payment was made.