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Correcting General Journal Errors a. What procedure is used to correct a general journal
Chapter 6, Problem 7(choose chapter or problem)
QUESTION:
Correcting General Journal Errors
a. What procedure is used to correct a general journal entry error in a manual system?
b. What are the possible consequences of erasing an error in the general journal?
Questions & Answers
QUESTION:
Correcting General Journal Errors
a. What procedure is used to correct a general journal entry error in a manual system?
b. What are the possible consequences of erasing an error in the general journal?
ANSWER:Step 1 of 3
The manual accounting system is the type of accounting system in which all transactions and records are made by hand without using any computer system.