1.

Write a note on one – sided errors and two – sided errors.

Answer»

1. One – sided errors: When preparing the trial’balance, if the total of debit balances and credit balances are not the same, there is disagreement of trial balance. 

2. Two – sided errors: Rectification of two – sided errors at the time of preparing the trial balance is just similar to that of their rectification before preparation of trial balance.



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