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
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 |
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 |
why one rupee note is signed by the ministry of finance? is governer has the right to sign this note? is there any interference by the RBI?
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