Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 15 - No. 16)
What type of errors can the general journal be used to correct?
Errors of omission.
Errors in posting to ledger accounts.
Errors in the bank reconciliation.
Errors made by the bank.
Explanation
The general journal is used to correct errors identified after initial recording, such as mistakes in posting debits and credits to the correct ledger accounts.
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