If a company prepares financial statements annually, when should correcting entries be made? At the end of the year. At
Posted: Thu May 19, 2022 4:03 pm
If a company prepares financial statements annually, when should
correcting entries be made?
At the end of the year.
At the beginning of the next accounting period.
As soon as they are discovered.
As part of the closing entry process.
correcting entries be made?
At the end of the year.
At the beginning of the next accounting period.
As soon as they are discovered.
As part of the closing entry process.