Question

State whether the following statements are True or False:
Rectification entries are passed in cash book.

• A. True
• B. False

Answer 1

The correct option is B False

Rectification means finding the error in the whole accounting process and correcting it by passing the rectified entry which will help you to make the corrections in the entry which are passed wrongly. The Rectification of errors can be done: ... After trial balance but before preparation of final accounts.