Accountancy, asked by ss0341970, 1 year ago

What is a one side errors? how is it rectified?

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Answered by jnan441

1

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.

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