Question

For rectification of one sided error:

• A. Journal entry is to be corrected
• B. Relevant account entry in the ledger to be corrected
• C. Both a and b
• D. None of the above

Answer 1

Answer: (B)

Relevant account entry in the ledger to be corrected

One sided error are those which is affecting only one account of the entry. In such error, trial balance will not be tallied. To rectify the one sided error, relevant accounting entry need to be passed in the ledger through suspense account.