Lesson 6 of 17 • 3 upvotes • 3:48mins
Breif Introduction to Errors which do Not Affect the Trial Balance of Financial Statements
17 lessons • 1h 53m
Meaning, Reasons and Types of Errors
6:24mins
Errors of Principle
7:17mins
Errors of Omission
6:25mins
Errors of Commission
6:38mins
Compensating Errors
7:51mins
Errors which do not affect the Trial Balance
3:48mins
Complete Omission of a Transaction & Recording Wrong Amounts in an Accounts
5:36mins
Posting to Wrong Head of Account and Compensating Errors
5:03mins
Posting Wrong Amount in Original Books of Entry, Errors of Principle & Recording Twice
6:26mins
Errors Affecting the Trial Balance ( One Sided Errors)
5:18mins
Errors Affecting the Trial Balance (One Sided Errors)
5:16mins
Steps to locate Errors & Rectification Procedure
7:47mins
Rectification Of One Sided Errors Part 1
7:39mins
Rectification Of One Sided Errors Part 2
5:51mins
Rectification Of Two Sided Errors Part 1
5:21mins
Rectification Of 2 Sided Errors Part - 2
6:07mins
Practice Questions with their Solutions
14:36mins