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Discussion Topic - Correcting Entry Dilemma
As the full-time bookkeeper, your job is to make any corrections to the general ledger accounts. Each correction needs the reason for the change and the effect on each account, whether it is an increase or decrease.
Mesia has come to you for help. For the third time this month, she has recorded a cash receipt twice. She wants you to record a correcting entry that will reverse her mistakes. The correcting entry she wants you to make will record a credit to the Cash account and a debit to Sales. What would you do? Would you also accept a dinner offer from Mesia to fix her mistake?
Post a response in no more than 200 words.
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