All the errors can be rectified only through Suspense Account.

State whether the following statements are True or False with reason:

All the errors can be rectified only through Suspense Account.

Monjur Alahi

4 views

2025-01-04 04:42

1 Answers

Salim Ahmed Kawsar

This statement is False.

The errors of principle and errors of complete omission can be rectified by passing entries. So all the errors can not be rectified by the Trial Balance.

4 views Answered 2023-02-05 15:29

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