Multiple choice

Whenever errors are noticed in the accounting records, they should be rectified

  1. at the preparation of the trial balance

  2. without waiting for the accounting year to end

  3. after the preparation of the final account

  4. in the next accounting year

  5. None of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

There is no need to wait for the accounting period to end.

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