Question

Define Rectification of errors?

Answer 1

Once an error is located, it should be properly corrected. The correction of accounting errors in a systematic manner is called the rectification of errors. In other words, the process of systematically correcting the accounting errors is known as rectification of errors.
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Answer 2

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Rectification of errors may be define as correction of errors which had been done in the books of accounts of company due to ignorance or not knowing the principles of accounting.

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