- 1 Marks
Question
When errors occur in the ledger, it can only be corrected through the:
A. Journal
B. Sales Day Book
C. Purchase Day Book
D. Control Account
E. General Ledger
Answer
A. Journal
Explanation:
The journal is the primary tool used to correct errors in the ledger. Adjusting entries and error corrections are made through journal entries before updating the ledger.
- Tags: Error Corrections, General Ledger, Journal
- Level: Level 1
- Series: NOV 2015
- Uploader: Dotse