Question

What happens if not notify from the bank of incorrectly recorded written?

Answer 1

Answer:

Committing errors is Human nature. Every entity wants to ascertain the financial position of its business at the end of the financial year. However, even after applying various procedures and checks there are certain errors committed to recording the transactions. Such errors may adversely affect the final accounts. It is very important for the accountants to locate such errors and rectify them and ascertain the true financial position of an entity at the end of the respected financial year. There are errors types like errors of Principle, errors of Omission, an error of Commission, etc

Answer 2

Answer:

gone and debit card allowed the bank

Explanation:

under round