correcting accounting entry




Entries
Accountants must make correcting entries when find errors. There
are two ways to make correcting entries: reverse the incorrect entry
plus then use a second journal

Tutorial
In book Accounting Theory, (fourth edition, Irwin), Eldon .
Hendriksen comments, A correcting entry should be entered whenever
an error is found.

AccountingCoach
A journal entry to correct an erroneous amount previously entered in
the general ledger.

University
ent Account Information. Accounting Services (989) 7743707; Fax:
(989) 7741209; acctsvcs@cmich; Warriner Hall 304, Mount Pleasant,
MI


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