what are one sided errors? give two
examples.
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hey mate!
here is your answer
Only one side of the
account, that is either credit or debit, is affected by errors is called
one-sided errors. For example: Posting a wrong amount, wrong totaling of subsidiary books, posting
on the wrong side. This error is rectified by
posting additional information on the affected side of the ledger account.
One sided errors can be rectified in any of two cases:
1) Before preparing the Trial Balance
2) After preparing the Trial Balance
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