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College Accounting, Chapters 1-27

23rd Edition
HEINTZ + 1 other
ISBN: 9781337794756

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Chapter
Section
BuyFindarrow_forward

College Accounting, Chapters 1-27

23rd Edition
HEINTZ + 1 other
ISBN: 9781337794756
Textbook Problem

What is a correcting entry?

To determine

Explain the term correcting entry.

Explanation

When an incorrect entry is journalized and posted to wrong account it must be corrected using the proper entry...

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