To Correct a General Journal Entry You Should -

question 15

Multiple Choice

To correct a general journal entry you should -

• A)choose the adjust an entry option,choose the transaction,edit it and post
• B)make a reversing entry and then enter the transaction correctly
• C)make a reversing entry to cancel the original incorrect entry
• D)enter the transaction correctly - when you use the same source number,the original entry is cancelled

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Definitions:

1,000,000 Pounds

A monetary value in British currency, often used to denote a significant sum of money.

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Residents of a small rural community or village, typically characterized by a close-knit social structure and a reliance on local resources for livelihood.

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A German-born American diplomat and political scientist who served as Secretary of State and National Security Advisor under the presidential administrations of Richard Nixon and Gerald Ford.

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An individual who does not hold any official or public position and is not involved in the affairs of government.