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Methods of verifying accuracy of data (rectifying errors or fixing problems): In your business what rules will you have to check that there are no

Methods of verifying accuracy of data (rectifying errors or fixing problems):

  1. In your business what rules will you have to check that there are no errors in your Journal & Ledger entries?
  2. How will you check there are no mistakes?

Methods for presenting journals-Cash Journals

  1. What kind of transactions will be written in cash journals?
  2. What documentary evidence is required for an entry?
  3. What order will you write entries in the journal?
  4. How will you check for errors?

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