List only five limitations trial balance
1. A trial balance may not detect errors if offsetting errors occur (i.e. an error in debiting one account is offset by an error in crediting another account).
2. It does not identify errors of omission, as long as the debit and credit totals match.
3. The trial balance may not identify errors of original entry if the same incorrect amount is entered twice (e.g. debiting and crediting the wrong amount in two different accounts).
4. It does not detect errors of principle, where an amount is recorded in an incorrect account but the total debits and credits match.
5. The trial balance may not detect errors of reversal, where the correct amount is recorded on the wrong side of the account (debit instead of credit, or vice versa).