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If your account is debited instead of credit, than what do
you do ? How do you correct your account ?

Answers were Sorted based on User's Feedback



If your account is debited instead of credit, than what do you do ? How do you correct your accoun..

Answer / mn.murthy

DEBITED TO CASH A/C AND CREDITED TO BANK A/C

Is This Answer Correct ?    13 Yes 6 No

If your account is debited instead of credit, than what do you do ? How do you correct your accoun..

Answer / abdul wadood imran

I pass a new entry to correct the mistake. i.e. revise
entry pass.

Is This Answer Correct ?    7 Yes 4 No

If your account is debited instead of credit, than what do you do ? How do you correct your accoun..

Answer / md muddasir ali khan

if the entry is done debit instead of credit, i use to write a bottom note as adjustment before preparing final account, i use to correct in final account, instead of doing any correction in P&L a/c.

Is This Answer Correct ?    2 Yes 4 No

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