sir thank u for this video! I had a doubt, how to know a transaction effects one account or two accounts. and when to write journal entries and when to write a statement...
Closing stock overcasted by 10000, being a casting error in the schedule of inventory Pass rectification of journal entry in the next year. Kindly clarify sir.
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1:26:56 that is suspence acc dr to c acc only right ???
Thank you sir it really helped me a lot to understand the concepts👍
Glad to hear that
Thank you sir. I'm completely ok with rectification of errors from now 🤗
awesome 👏
Sir, what would be the rectification entry if Closing stock is overcasted/undercasted ?
U need to reduce ur closing stock - if it’s overcasted since it would have increased profits and vice Versa
Thank you brother for the good teaching
Thanks so much 🙏
Thank you sir
Now I understood very well😊
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Superb video and thanking you a lot sir
Thank u so much ☺️
sir thank u for this video! I had a doubt, how to know a transaction effects one account or two accounts.
and when to write journal entries and when to write a statement...
One sided error before doing trial balance is written as a statement or through suspense account journal entries
@@ArivuProAcademy thank u sir!
sir thank u very very much, excellent explaination sir
Thank u so much ☺️
youre the best thank you!!!!
Thank u
Closing stock overcasted by 10000, being a casting error in the schedule of inventory
Pass rectification of journal entry in the next year. Kindly clarify sir.
Cl.stock
To p&l adj
Thank u sir ! can u pls teach, how to do the 'statement of correcting profits'
Yes will do the video and upload the link
@@ArivuProAcademy thanks sir
Thank u
Most welcome
Thank u so much 🥰💝
Welcome 🤗