Rectification of Errors - Accountancy Knowledge
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Rectification of Errors - Accountancy Knowledge
Rectification of errors is important accounting treatment. Errors are unintentional misstatement or omission or mistake committed in book...
7 个月之前
Accounting Errors
8 accounting errors to watch out for and how to fix them
8 accounting errors to watch out for and how to fix them
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196K views · 675 reactions | TYPES OF ERRORS IN ACCOUNTING #financialaccounting | Financial Accounting | Facebook
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196K views · 675 reactions | TYPES OF ERRORS IN ACCOUNTING #financialaccounting | Financial Accounting | Facebook
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Confused between Rectification and Adjustment entries? 🤔 This reel clears all doubts: ✔️ Rectification of Error – Capital expenditure wrongly treated as Revenue Expenditure ✔️ Correct rectification entry and explanation ✔️ Adjustment Entry – Outstanding Salary / Expenses ✔️ How to identify exam-friendly journal entries 📌 Watch carefully to avoid common mistakes in accounting exams. 📘 Presented by Accounts Classes by Karthick Balaraman #RectificationOfErrors #AdjustmentEntry #RevenueExpenditur
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Confused between Rectification and Adjustment entries? 🤔 This reel clears all doubts: ✔️ Rectification of Error – Capital expenditure wrongly treated as Revenue Expenditure ✔️ Correct rectification entry and explanation ✔️ Adjustment Entry – Outstanding Salary / Expenses ✔️ How to identify exam-friendly journal entries 📌 Watch carefully to avoid common mistakes in accounting exams. 📘 Presented by Accounts Classes by Karthick Balaraman #RectificationOfErrors #AdjustmentEntry #RevenueExpenditur
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