Balance day adjustments in the general journal and ledger - Causa Erros | pt-BR - 262 - 25025
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Causa Erros

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  • Nota de Estudos
  • Rever Tópicos
    BabaJide Martins F.
    TR
    BabaJide Martins F.

    Failing to show full titles in the journal or ledger, e.g., 'depreciation' rather than 'depreciation of motor vehicles'

    Alice B.
    GQ
    Alice B.

    Does any thing exist as double counting under likely errors?

    Morne V.
    ZA
    Morne V.

    This course has given information about possible accounting errors

    Sunday O.
    NG
    Sunday O.

    when errors occur in account can not balance

    Odongo M.
    UG
    Odongo M.

    Accounting -> Topics -> Depreciation Likely Errors Likely Errors calculating depreciation for the full year rather than the relevant accounting period previous accumulated depreciation is deducted only when using reducing balance method disposal/residual/s value is not deducted when using reducing balance method correct identification of the length of the accounting period. In the problem above 1 March is only two months after the commencement of the period on 1 January. incorrect decimal point - where a calculator is used failing to add the current depreciation to accumulated depreciation when displaying in the balance sheet reversing debit and credit entries in the balance sheet failing to show full titles in the journal or ledger, e.g., 'depreciation' rather than 'depreciation of motor vehicles' treating depreciation directly through the asset count

    Manish K.
    NP
    Manish K.

    This course has given information about possible accounting errors.

    Penelope M.
    US
    Penelope M.

    that is why it will be done quarterly

    Adil N.
    MA
    Adil N.

    What are some likely errors of a business?

    Adil N.
    MA
    Adil N.

    What are some likely errors of a business?

    Gloria N.
    AE
    Gloria N.

    deone

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