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Accounting Lecture-06 (Rectification of Error)

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Accounting Lecture-06 (Rectification of Error)

P
Practical Study Planet

18 Views • Apr 05, 2023

Description

What is rectification of Error?
• What types of Errors in accounting? Understanding
with examples and their rectification.
• What role of Trial Balance in rectification of Error?
• Why is Suspense Account and what would be
accounting treatment for it?