what do you mean by rectification of error
Answers
Explanation:
Error-Reflection." Our prototype system changes a value of a velocity or acceleration of an. object by using the erroneous equation, and generates a simulation with the changed value. The. difference between SER and normal-simulation illustrates the error more intuitively for students.
Answer:
Rectification of error means correcting the double entry system of accounting where both debits are equal to credit instead of removing/ striking of the entries already accounted.
Errors make during passing the journal entries, posting the journal entries to ledger, balancing the ledgers, carry forward of totals to trial balance, preparing the financial statements and making adjustments entries we can rectify an error by passing a journal entries to neutralise the effect of debit or credit
Explanation:
Rectification help us to maintain correct financial records.
It provides us to trace back the actual error accounted and correcting the actual entry.
Errors can be discovered at one or more of the following stages:
1) Before preparing the trial balance
2) After preparation of the trail balance but before the preparation of final accounts
3) After preparation of the trial balance and final accounts