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Rectification of Errors — Account STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceAccountRectification of Errors3 Marks
Question
Give one example of Compensating Error.
✓

Answer

The total of Purchases Book is posted in the ledger as ₹ 10,000 in place of ₹ 1,00,000 and at the same time total of Sales Book is posted as ₹ 1,00,000 instead of ₹ 1,90,000.
These two errors neutralise the effect of each other.

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