Question
___________ account is necessary for rectification of one-sided error.
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Answer
Suspense A/c
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Depreciation =$\frac{\text { CostofAssetLess........... }}{\text { EstimatedWorkingLifeofAsset }}$
→| Opening Assets | Opening Liabilities | Opening Capital | ||
| ₹1,20,000 | - | ₹75,000 | = |