Confused why your Trial Balance doesn't match? Even if it tallies, hidden errors may still exist! Types of Errors in Accounting every CA student, accountant & business owner must know! All Errors in one Post From Errors of Omission to Errors of Principle — we’ve simplified them all in a clean visual format Perfect for CA Inter | B.Com | Finance Students | Accounting Lovers Save this post for your exam prep! #AccountingErrors #TrialBalance #CommerceStudents #CAstudent #BcomLife #FinanceF...
📚 3 golden rules of accounting 💡 master the basics of accounting with these key principles: 1️⃣ debit the receiver, credit the giver – this rule ensures assets and liabilities are accurately recorded. 2️⃣ debit what comes in, credit what goes out – apply this rule to revenue and expenses for accurate financial tracking. 3️⃣ debit all expenses and losses, credit all incomes and gains – the foundation for balanced books and financial integrity. these rules help maintain accuracy and balance ...
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