what do you mean by rectification of errors
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Rectification of errors is referred to as the procedure of revising mistakes made in recording transactions. These mistakes can occur while posting entries to ledger accounts, classifying accounts, carrying balance forward, etc.
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"To revise a mistake and make amends for it is known as “Rectification of Errors”. Rectification of Errors is basically of two types. One of the most common types of errors are committed on both sides of an entry. This does not influence the trial balance and can be rectified by making a journal entry."
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