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Q: Are you allowed to erased errors in a general journal?
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Related questions

Why is journal prepare?

Special journal is prepared to save time and minimize the errors.


What are the uses of journals in accounting?

The journal is most commonly used to record corrections to errors that have been made in writing up the general ledger accounts.


When a company uses special journals the general journal is used for selected transactions and events including?

When a company uses special journals, the general journal is used for selected transactions and events that do not fit into any of the specific categories of the special journals. These could include recording adjusting entries, correcting errors, or any unique transactions that don't have a designated special journal.


What is principal purpose of posting?

it help identify errors made in the journal


What is Rectification of errors?

Rectification of error is a sum in commerce.In this sum we rectified the errors in preparation of journal,ledger and trial balance.


What is the purpose of a journal processing report?

A journal processing report provides a summary of the transactions processed in a certain period, helping to ensure accuracy and completeness in the accounting records. It helps in monitoring the flow of transactions, identifying errors or inconsistencies, and reconciling the financial data.


What type of error is this Good sold to Mr Saad have been forgotten to record in the Sales Journal?

mc100202119 1) Errors of Omission 2) Errors of Commission 3) Errors of Principle 4) Errors of Commission


In Windows memory errors can cause what kind of frequent errors?

General protection fault errors.


Why are adjusting journal entry prapare?

Adjusting entries are made for different reasons like errors in previous journal entries or adjustment at month end or year end for accruals etc.


How do you rectify the errors by passing journal entries and prepare a suspense account?

Errors can be rectify by adjusting the previously made journal entries as per the errors found and suspense account is created when there is some confusion or information missing without which it is not possible to prepare full double entry so that suspense account is used there to temporarily complete the transaction.


What memory errors can cause frequent errors in windows?

general protection fault


What are the errors of vernier caliper?

How much error is allowed in a digital vernier