Question

Whenever errors are noticed in the

accounting records, they should be

rectified _____

a) At the time of preparation of trial

balance

b) without waiting the accounting

year to end

c) After the preparation of final

accounts

d) in the next accounting year​

Answer 1

Answer:

Option (b) is the correct answer...

Whenever errors are noticed in the

accounting records, they should be

rectified without waiting the accounting

without waiting the accounting year to end...

Answer 2

Answer:

hyy mate here is your answer

error is identify at the time of recording then the rectification can be corrected by passing a single journal entry then why to wait for end of the accounting year.

This discussion on Whenever errors are noticed in the accounting records, they should be rectified

(a) At the time of preparation of the trial balanceb)Without waiting the accounting year to endc)After the preparation of final accountsd)In the next accounting yearCorrect answer is option 'B'. Can you explain this answer? is done on EduRev Study Group by CA Foundation Students. The Questions and Answers of Whenever errors are noticed in the accounting records, they should be rectifieda)At the time of preparation of the trial balance

(b)Without waiting the accounting year to endc)After the preparation of final accountsd)In the next accounting yearCorrect answer is option 'B'. Can you explain this answer? are solved by group of students and teacher of CA Foundation, which is also the largest student community of CA Foundation. If the answer is not available please wait for a while and a community member will probably answer this soon. You can study other questions, MCQs, videos and tests for CA Foundation on EduRev and even discuss your questions like Whenever errors are noticed in the accounting records, they should be rectifieda)At the time of preparation of the trial balanceb)Without waiting the accounting year to endc)After the preparation of final accountsd)In the next accounting yearCorrect answer is option 'B'. Can you explain this answer? over here on EduRev! Apart from being the largest CA Foundation community, EduRev has the largest solved Question bank for CA Foundation.

Explanation:

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