I either win or I learn !

A combination of Chartered Accountancy & Management Studies from the known institutes ICAI & NMIMS

Akanksha Chawla

Errors in Recording Business Transactions may lead to inappropriate results of financial performance. This course helps you understand these errors and their types and how to rectify them to achieve appropriate financial results.

Ace in Class XI Examination by understanding all the concepts of Mathematics and Science, with these courses.

CBSE Class 11

English

Rectification of Errors

Accounting Process

Accountancy

Class 6-12

Become a topper in your school and ace your board exams by learning from best educators in the country

CBSE

CBSE (Central Board of Secondary Education)

Understanding the Meaning, Reasons, Effects & Types of Errors

Meaning, Reasons and Types of Errors

Understanding Errors of Principle and it's Examples

Errors of Principle

Understanding Errors of Omission, Its Types and their Examples

Errors of Omission

Understanding Errors Of Commission and it's Examples

Errors of Commission

Understanding Compensating Errors and it's Examples

Compensating Errors

Breif Introduction to Errors which do Not Affect the Trial Balance of Financial Statements

Errors which do not affect the Trial Balance

Learning Errors which do not affect the Trial Balance of Financial Statements along with examples 
1. Complete Omission of a transaction 
2. Recording Wrong Amounts in both Ledgers affected in a transaction

Complete Omission of a Transaction & Recording Wrong Amounts in an Accounts

Description of the Errors (i.e Posting to the Wrong Head of Account & Compensating Errors) which do not affect the Trial Balance along With examples

Posting to Wrong Head of Account and Compensating Errors

Description of Errors which do not affect the Trial Balance (I.e Posting Wrong Amount in Original Books of Entry, Errors Of Princple & Recording Twice) along with their Examples

Posting Wrong Amount in Original Books of Entry, Errors of Principle & Recording Twice

Breif Explaination of Errors which Do Affect the Trial Balance of Financial Statements also called the One Sided Errors (i.e Partial Omission of a Transaction & Posting of a Wrong Amount to One Account)

Errors Affecting the Trial Balance ( One Sided Errors)

Explaination to Error of Posting on Wrong Side of Account, Wrong Totalling / Balancing of Accounts, Omission of an Account in the Trial Balance & Errors of Double Posting to One Account along with Examples

Errors Affecting the Trial Balance (One Sided Errors)

Explaination to Steps to Locate Errors, What is a Suspense Account & The Rectification Procedure

Steps to locate Errors & Rectification Procedure

Explaination of Rectification of Errors when they are located before & Ater Trial Balance is made for One Sided Errors ( I.e Errors of Casting, Balancing / Carry Forwarding & Partial Omission )

Rectification Of One Sided Errors Part 1

Explaination of Rectification of Errors which do not affect the Trial Balance (One Sided Errors I.e. Error of Posting Wrong Amount to One Account, Posting to Correct Account but Wrong Side & Posting Twice to an Account)

Rectification Of One Sided Errors Part 2

Explaination of Rectification of Errors Affecting Two Account or the Two Sided Errors ( I.e Errors of Complete Omission & Recording Wrong Amounts in Original Books of Accounts) along with examples

Rectification Of Two Sided Errors Part 1

Understanding 2 Sided Errors and their Rectification by way of examples

Rectification Of 2 Sided Errors Part - 2

Practice Questions with detailed Understanding and Explaination of their Solution

Practice Questions with their Solutions


Teacher by Heart! 

Follow to understand and learn various provision in simple and easy way.

Vaidehi 

With the help of this course, you will be able to understand the rectification of errors in a better way. The course will be beneficial for Class 11 NCERT students.

(Hindi) Rectification of Errors: Class 11 NCERT

hello students i am aryan verma i am a bcom graduate and currently pursuing chartered accountancy course. master in economics .

Aryan Verma

In this course we will go through all the journal entries for rectification of errors .
Also , we will cover basic accounting entries and its concepts .

(Hindi) Full Practice of Rectification of Errors with Practical Problems : CBSE Class 11

With the help of this course, the learners will be able to understand the concept of bills of exchange.

(Hindi) Class XI NCERT Bills of Exchange

In this course we will cover theoretical and practical problems regarding bills of exchange .
Its really helpful for the students of class 11.

(Hindi) Theory and Practical Problems Regarding Bills of Exchange: CBSE Class 11

B.Com, M.A(Public Admn), IBPS PO 2017 selected, voracious reader, foodie with a 'Never say die' attitude

Sai Priyamvadha

Source documents, Basic accounting equation, Golden rules of accounting, Recording in Journal, Posting in Ledger

Recording of Transactions 1

M.com from University of Delhi. B.com (Hons) from university of Delhi.Coffee-Drinker. eReader.movie buff.

Radhika Gupta

This course covers all subsidary books lile cash book,sales book,purchas book ,sales return book, purchase return and sales return book etc.

Lessons

17 lessons • 1h 53m

Invalid Date

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Meaning, Reasons and Types of Errors

Invalid Date

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Errors of Principle

Invalid Date

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Errors of Omission

Invalid Date

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Errors of Commission

Invalid Date

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Compensating Errors

Invalid Date

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Errors which do not affect the Trial Balance

Invalid Date

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Complete Omission of a Transaction & Recording Wrong Amounts in an Accounts

Invalid Date

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Posting to Wrong Head of Account and Compensating Errors

Invalid Date

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Posting Wrong Amount in Original Books of Entry, Errors of Principle & Recording Twice

Invalid Date

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Errors Affecting the Trial Balance ( One Sided Errors)

+ See all lessons