Which of the Following Statements Is CORRECT

question 30

Multiple Choice

Which of the following statements is CORRECT?

• A) All errors made in journal entries should be corrected by the preparation of a correcting journal entry.
• B) If an error in a journal entry is discovered before the entry is posted to the general ledger,the entry can simply be erased and replaced with the correct journal entry.
• C) If an error in a journal entry is discovered before the entry is posted to the general ledger,the error in the entry should be crossed out and the correct data written above it.
• D) If an error in a journal entry is discovered before the entry is posted to the general ledger,a journal entry should be made to correct the erroneous entry.

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