Question 20

Which of the following statement is TRUE in the context of type of errors made while recording a business transaction?
i) A sale of Rs.500 made to Kamal has been posted on the debit side Of Kishore's Account is an example of one-sided
error.
ii) A payment of Rs.1,000 towards interest was posted twice to Interest Account is an example of one-sided error.


Create a FREE account and get:

  • Free SSC Study Material - 18000 Questions
  • 230+ SSC previous papers with solutions PDF
  • 100+ SSC Online Tests for Free

cracku

Boost your Prep!

Download App