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Rectification of Errors with Suspense Account | Class 11 Accountancy | CA Manish Kalra

Автор: Success Mantra - CA Manish Kalra

Загружено: 2025-12-26

Просмотров: 34

Описание:

In this class, we will study Rectification of Errors with the help of Suspense Account, an important topic from Class 11 Accountancy.

Students will understand when a Suspense Account is opened, how it is used to rectify errors affecting the Trial Balance, and how it is finally closed. This topic is very important for journal entries, practical questions, and exam numericals.

What will be covered:

Meaning of Suspense Account

When Suspense Account is opened

Errors affecting Trial Balance

Rectification of errors through Suspense Account

One-sided errors

Journal entries for rectification

Closing of Suspense Account

Common exam mistakes and tips

This session is ideal for Class 11 CBSE students preparing for the 2025–26 Examination.

Channel: Success Mantra for Class 11 and 12
Educator: CA Manish Kalra

Rectification of Errors with Suspense Account | Class 11 Accountancy | CA Manish Kalra

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