## Overview

This module covers trial balance preparation and error correction procedures, including extracting balances, identifying different types of errors, and using suspense accounts. Topics include balancing techniques, error classification, and revised trial balances.

## 1. Preparing the trial balance

- [Extracting balances and listings](acca-fa1-preparing-the-trial-balance-extracting-balances-and-listings.md)
- [Totals, balancing, and checks](acca-fa1-preparing-the-trial-balance-totals-balancing-and-checks.md)
- [Limitations of a trial balance](acca-fa1-preparing-the-trial-balance-limitations-of-a-trial-balance.md)

## 2. Types of errors

- [Omission, commission, and principle](acca-fa1-types-of-errors-omission-commission-and-principle.md)
- [Original entry, reversal, and transposition](acca-fa1-types-of-errors-original-entry-reversal-and-transposition.md)
- [Compensating errors](acca-fa1-types-of-errors-compensating-errors.md)

## 3. Suspense account and corrections

- [Opening and clearing suspense accounts](acca-fa1-suspense-account-and-corrections-opening-and-clearing-suspense-accounts.md)
- [Journal corrections and narratives](acca-fa1-suspense-account-and-corrections-journal-corrections-and-narratives.md)
- [Re-extracting the trial balance after correction](acca-fa1-suspense-account-and-corrections-re-extracting-the-trial-balance-after-correction.md)


Free ACCA FA1 Trial Balance and Correction of Errors Study Guide