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P2 C1 Rectification ofErrors — Account STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceAccountP2 C1 Rectification ofErrors1 Mark
Question
What is ‘Rectification Entry’?
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Answer

An accounting entry which is passed to cancel the wrong accounting effect and to give correct accounting effect to the affected account Is called Rectification Entry’.

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