This a MCQ (Multiple Choice Question) based practice test of Chapter 7 - Rectification of Error of Accountancy of Class XI (11) for the quick revision/preparation of School Board examinations
Q Which of the following is not a type of error.
These are the errors which are committed due to wrong posting of transactions, wrong totaling or balancing of the accounts
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Which error occur due to incorrect classification of expenditure or receipt between capital and revenue
When two or more errors are committed in such a way that the net effect of these errors on the debits and credits of accounts is nil, such errors are called
Which of the following is true relating to error of principle
Which of the following will affect the trial balance
The accountant tallies his trial balance by putting the difference on shorter side as
Balance of suspense account will be transferred in to
Under casting of sales book is corrected by _____ sales account
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1365 videos|1312 docs|1010 tests
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