Biology, asked by PrateekKishore3669, 9 months ago

Rectifying journal entry question with answers

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Answered by Anonymous

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We can rectify these by passing a journal entry giving the correct debit and credit to the accounts.

We can rectify these by passing a journal entry giving the correct debit and credit to the accounts. In order to rectify an error, we need to cancel the effect of wrong debit or credit by reversing it and restore the effect of correct debit or credit.

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