Question: Creative Consulting has posted a closing entry to the wrong account. A credit to Depreciation Expense was posted to Accumulated Depreciation. When will the error
Creative Consulting has posted a closing entry to the wrong account. A credit to Depreciation Expense was posted to Accumulated Depreciation. When will the error most likely be discovered, if it is discovered at all?
When reviewing the ledger
At the beginning of the subsequent fiscal year
Upon completion of a postclosing trial balance
After completion of the adjusted trial balance
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