what is Rectification of errors?

Answer Posted / pravin kamble

Rectification of errors means to pass a correction entry
for the error which we have identified while preparing the
reconciliation.

Is This Answer Correct ?    2 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

In case of cement plant we have to capitalizee locomotive engine my question is about the rate of depreciation on SM basis and category in which it should be capitalize?

1569


A specially designed interview book on interviews for accounting Jobs . Pl send your mail addresses for despatch

3082


what is Accounting Standers?

1706


Expand--------TOS

1820


what do you mean by jounal voucher? Jounal entry for dishonored cheque can be possible thruogh jv?

1731






Expand---------MDOT

1571


Took goods from the shop for use at home. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?

1430


how we will prepare n file income tax returns for individuals?explain

1751


how standard costing techniques are applied in manufacturing sectors

1737


what is the organisation chart for accounting and finance ?

1929


what is undisclosed profit? explain

1970


what is the meaning of call in arear

1991


What is the mening of uidnvhe.?

2458


Explain why the assets of a partnership are usually revalued before the admission of a new partner or the retirement of an existing partner

1482


what is contigent liabilities? whats it status in balance sheet?

1778