Rectification of Errors

Single Sided Errors

  • Errors may arise at the time of journalising, posting, balancing or preparation of trial balance.
  • Errors affecting the agreement of trial balance or errors disclosed by the trial balance are known as single sided errors.
  • These are th .... Read More

Two Sided Errors

  • When a Trial Balancedoes not agree, efforts need to be made to locate the errors. Moreover, even when Trial Balance agrees, some errors may still remain in records. Such errors are called two sided errors.
  • Error of omis .... Read More

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