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11th Standard English Medium Accountancy Subject Rectification of Errors Creative 2 Mark Questions with Solution Part - I Question Bank Software Jun-29 , 2021

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11th Standard English Medium Accountancy Subject Rectification of Errors Creative 2 Mark Questions with Solution Part - I

11th Standard English Medium Accountancy Subject Rectification of Errors Creative 2 Mark Questions with Solution Part - I

11th Standard

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Accountancy

Time : 00:30:00 Hrs
Total Marks : 10
    5 x 2 = 10

  1. What is error of omission?

  2. What is error of commission?

  3. Is it necessary that a suspense account will balance off after rectification of the errors detected by the accountant? If not, then what happens to the balance still remaining in suspense account?

  4. Will the trial balance agree in case of errors of partial omission? Why?

  5. What do you mean by errors?

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