मराठी

What is the correct method of rectifying two-sided errors once they are discovered?

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प्रश्न

What is the correct method of rectifying two-sided errors once they are discovered?

पर्याय

  • Adjust suspense account

  • Make an entry in the trial balance

  • Pass the correct journal entry affecting all relevant accounts

  • Ignore them if the balance matches

MCQ
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उत्तर

Pass the correct journal entry affecting all relevant accounts

Explanation:

Two-sided errors are rectified by making proper journal entries that correct all affected accounts.

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