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

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Question:

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

A.

at the time of preparation of Trial Balance.

B.

without waiting the accounting year to end.

C.

after the preparation of final accounts.

D.

in the next accounting year.

Answer» b. without waiting the accounting year to end.

Note: The above multiple-choice question is for all general and Competitive Exams in India.