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Answer in One Sentence: What are compensating errors? - Book Keeping and Accountancy

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Answer in One Sentence:

What are compensating errors?

एक पंक्ति में उत्तर
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उत्तर

When two or more errors, identified from books of accounts are in such a way that the net effect of these errors, on the debit and on the credit sides of accounts is nil, such errors are known as compensating errors.

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अध्याय 8: Rectification of Errors - Exercises [पृष्ठ २६६]

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बालभारती Book Keeping and Accountancy [English] Standard 11 Maharashtra State Board
अध्याय 8 Rectification of Errors
Exercises | Q 1. 5) | पृष्ठ २६६
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