while going through the entries in sales book
i found 1 sales entry was understated by 90000 and vat a/c was overstated by 90000, however debtors remained unaffected .
can i pass a reverse entry on 1 april
vat a/c dr
to p&l cr
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Errors in a/c entries of previous yrs
Replies (2)
Can you clarify your question please?
are your accounts already closed? is your sales in cash or debit?
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