If a Journal Entry That Contains an Error Has Already

question 42

Multiple Choice

If a journal entry that contains an error has already been posted,

• A)the journal need not be corrected but the posting to the ledger should be corrected by crossing out the incorrect data and writing the correct data above it.
• B)the incorrect items should be corrected by crossing out the incorrect data and writing the correct data above it in both the journal and the ledger.
• C)the incorrect items should be erased and replaced with the correct data.
• D)a correcting entry should be journalized and posted.

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Definitions:

Benjamin Franklin

A Founding Father of the United States, noted for his discoveries and theories regarding electricity, and numerous civic contributions.

Seven Years' War

Between 1756 and 1763, a major international conflict took place, drawing in the predominant powers of the period and spanning continents such as Europe, North America, Central America, as well as areas like the West African coast, India, and the Philippines.

Colonial Assemblies

Legislative bodies established in the American colonies, which represented the interests of the colonists and had the authority to pass laws pertaining to the colony.