Types Of Accounting Errors
These are mistakes due to omission of entries in the subsidiary journals, omission of posting, omission of …
Rectification of Errors
Rectification of Errors
Examples of Accounting Errors
(a) Credit sales to Dinesh ₹ 5,000 were posted to Karan as ₹ 500. (b) Credit purchases from …
Rectification of Errors
Identification of Accounting Errors – 20 Cases
Errors can be Errors of Principle , Clerical errors or Compensating Errors. Clerical errors can be…
Rectification of Errors
Rectification Of Errors – Meaning and Process
When all the single sided errors are removed using suspense account the balance of suspense account…
General - Accountancy 11
How to Perform Well in Accountancy Paper?
To perform well in Accountancy, answers must be highlighted by giving headings, in case of short answers…
Rectification of Errors
Rectification of Single Sided Errors – 7 Cases
In case of rectification of single sided error, an indication of mistake is to be given in particulars …
Rectification of Errors
Single Sided Errors Rectification after Trial Balance – 10 Cases
In the sales book total of page no. 6 was carried forward to page 7 as ₹ 1,000 instead of …
Life Skills
Have an Ambition of Life
Setting of goals is wasteful process, if not put into writing. Written goals make the commitment possible, helps in…
Examination Guidance
Quick Tips for Calculations
A student must know some time saving calculation techniques to complete exam. in the given time.
Sources of Business Finance
Debentures Meaning and Types
Debenture is a written instrument acknowledging a debt under the common seal of the company.