1.

Complete the following sentence:i. ______ is assured only when there are no errors in the books of accounts.ii. Transactions recorded in contravention of the accounting principles are known as _________iii. ________ entry depends generally on when the error is detected.iv. Temporary account opened to rectify the entry is known as _________v. Errors are caused due to ________ recording of transactions.

Answer»

i. Accuracy

ii. errors of principle

iii. Rectifying

iv. suspense account

v. wrong



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