Accounting · Sectional Balancing System
Under the sectional balancing system, if an error affects the individual account of a debtor without affecting their total in the control account, how is it corrected?
- 1It is corrected by making additional journal entries in the general ledger.
- 2It is corrected by adjusting the debtor's individual ledger account.✓
- 3It cannot be corrected.
- 4It can only be corrected through a suspense account.
Correct answer
It is corrected by adjusting the debtor's individual ledger account.
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