Rectification of errors

This query is : Resolved 

16 October 2011 IF DURING A FINANCIAL YEAR IF IT IS FOUND THAT A PARTICULAR JOURNAL ENTRY HAS NOT BEEN RECORDED IN THE COMPANY'S BOOKS OF ACCOUNTS AND THE ACCOUNTS ARE ALREADY FILED FOR TAX AUDIT PURPOSE, IS IT POSSIBLE THAT DURING NEXT FINANCIAL YEAR A RECTIFICATION ENTRY CAN BE PASSED & THE MISTAKE RECTIFIED IN THE COMPANY'S BOOKS OF ACCOUNTS?

16 October 2011 Prior period adjustments is the solution.


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