Class 11th Rectification of Error


  • Accounting errors are the errors committed by persons responsible for

recording and maintaining accounts of a business firm in the course of

accounting process.


  • Errors can be in the form of omission of recording of transaction in

various books or posting in ledger or mistake in totalling or recording

wrong amount or in wrong account.


  • There can be accounting errors which affect the agreement of trial

balance and errors which do not affect the agreement of Trial Balance.


On the basis of nature accounting errors can be

  • Errors of omission
  • Errors of commission
  • Errors of principle

On the basis of impact on ledger accounts errors can be :

  • one sided errors
  • two sided errors
  • Errors should never be rectified by erasing or overwriting.
  • Methods of rectification of errors are


  • Before preparing trial balance, instant correction and correction

in the affected account.

  • After preparing trial balance through suspense Account


Puchase full Notes only in Rs 10 per chapter

Mail us at [email protected]

Leave a Reply

Your email address will not be published.

error: Content is protected !!