Question: An error in recording a purchase to a wrong supplier account should be corrected by Cannot be done, until the month-end has been completed
An error in recording a purchase to a wrong supplier account should be corrected by Cannot be done, until the month-end has been completed and the new month started. Recording in the Sales section of the RECEIVABLES module. Recording a general journal entry. Recording a Reversing entry and an entry to the correct vendor.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
