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Types and Processes of Error Rectification by Kiran Maruti Shinde is a document available to read on EtoBox.

What is Types and Processes of Error Rectification about?

1. The document describes various types of errors that can occur in accounting such as errors of principle, errors of omission, and errors of commission. 2. It provides examples of specific errors, such as goods sold being debited to the wrong customer account or wages being debited incorrectly. 3. The process for rectifying errors is outlined as passing correct entries, reversing wrong entries, and recording rectification entries.

Author

Kiran Maruti Shinde

Language

EN