Trial Balance and Rectification of Errors
Madhya Pradesh Board · Class 11 · Accountancy
All formulas from Trial Balance and Rectification of Errors in Madhya Pradesh Board Class 11 Accountancy. Key equations, constants, and identities for board exam preparation.
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Formulas
Trial Balance: Meaning and Objectives
Total of Debit Balances = Total of Credit Balances
Searching of Errors
difference ÷ 2 = amount possibly posted to wrong side of another account
if difference is a multiple of 9, error may be due to transposition of figures
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