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    angilique's Avatar
    angilique Posts: 4, Reputation: 1
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    #1

    Apr 17, 2008, 09:53 PM
    Accounting Journals
    In wich journal are errors made by the bank corrected?
    SBU's Avatar
    SBU Posts: 51, Reputation: 3
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    #2

    Apr 17, 2008, 10:32 PM
    What do you mean what journal. There is only one journal where every entry is made and it is only organized by years in chronological order.
    Nazib's Avatar
    Nazib Posts: 10, Reputation: 2
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    #3

    May 3, 2008, 03:22 AM
    All errors are coorected in the same journal... do you mean wer to put in any software you are using
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #4

    May 3, 2008, 10:27 PM
    Old question but what the heck.

    Errors made by the bank aren't recorded in any journal. I'm 99% sure this question is related to doing bank reconciliations, which are done by the company. Whatever the bank does wrong must be corrected by the bank, but that's on their side and it doesn't affect the company's books at all. The company isn't the one who made the error, so nothing needs corrected on their side. Be a good idea to call the bank and make sure it gets corrected, but the company does no journal entry.
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