Question: the answer is not A A counterbalancing error is best described by which of the following statements below: A. An error in one account (say
A counterbalancing error is best described by which of the following statements below: A. An error in one account (say $1,000 ) which is then offset by the same amount going the other direction in another account. B. An error that corrects itself over a two year period without correcting entries. c. An error that offsets itself in the same year by a reversing entry. D. Any error that eventually reverses
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