Which of the following transactions /items will influence the trial balance agreement?
The errors of omission may be committed at the time of recording the transaction in the books of original entry or while posting to the ledger. These can be of two types: (i) error of complete omission - When a transaction is completely omitted from recording in the books of original record, it is an error of complete omission. Such error do not affect the trial balance (ii) error of partial omission - When the recording of transaction is partly omitted i.e. both the debit and credit aspect of the transaction is not recorded in the books, it is an error of partial omission. Such error will impact the trial balance as the debit and credit balances will not match. When two or more errors are committed in such a way that the net effect of these errors on the debits and credits of accounts is nil, such errors are called compensating errors . Such errors do not affect the tallying of the trial balance
UTI was the first private sector Mutual Fund in India
From which of the following ‘Florange Law’ is related with?
ASEAN is an inter-governmental organization of countries of:
Which of the following is the hardest naturally occurring substance?
Which of the following statements is correct?
A. In case of Forward Rate Agreement there is an exchange of interest rate
B. Forward Rate A...
मानव शरीर की कौन सी हड्डी सबसे लंबी होती है ?
Who is best known as the Father of Indian Modern Art?
Wholesale Price Index reached 14.23% in November 2021, highest level in the last ____year.
At present approximately what percentage of the earth's total water is stored in glaciers?
The thirty-first meeting of the Monetary Policy Committee (MPC), constituted under section 45ZB of the Reserve Bank of India Act, 1934, will be held from?