Quiz on Rectification of Errors
#1. Rectification entries are passed in ……………
#2. Transaction totally omitted from Books, it is called ……………
#3. The type of error for which journal entry is always required for rectification …………
#4. Error occured due to wrong posting are called as errors of ………………..
#5. Wages paid for installation of machinery wrongly debited to Wages Account is an error of ………………
#6. Suspense account is opened when ………… does not tally.
#7. if the trial balance shows short credit , then suspense account will have a ………. balance
Finish