Accountancy, asked by simranjitsandhu1174, 1 year ago

what are one sided errors? give two
examples.

Answers

Answered by manangothwal39
0

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

hope it helped you

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