CORRECTION OF ERRORS Well Explained | Financial Accounting | PART 1

Welcome. Today we shall be looking at Correction of Errors in Financial Accounting. Student tends to find this topic very confusing and uninteresting, but we have made it simple to comprehend in this class. We shall be looking at the meaning and types of errors, steps in correcting the errors, suspense account, etc. Below is a previous class on Classification of Accounts, which will help you in understanding Correction of Errors. Classification of Account 👇    • FINANCIAL ACCOUNTING, ACC101 DEFINITION OF...   Follow us on our social media handles 👇 Facebook: facebook.com/@eplusacademics Instagram: instagram.com/@eplus_academics TikTok: tiktok.com/@eplusacademics