Quiz on Rectification of Errors

Results

#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