Error correction part 3 | Errors NOT affecting the agreement of the Trial Balance | CSEC PoA

In this video I show how to correct two (2) errors that do NOT affect the Trial Balance:
Compensating errors, and
Complete reversal of entries

Use the timestamps below to skip to specific parts of the video:

00:00 - 01:19 - Intro
01:21 - 04:34 - Compensating errors e.g. 1
04:35 - 06:20 - Compensating errors e.g. 2
06:21 - 09:10 - Practice question set 1
09:11 - 13:23 -Complete reversal of entries e.g.
13:24 - 16:35 - Practice question set 2
16:36 - 18:36 - Outro

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   • Error correction  

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   • Bank recs (2020)  

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#errorcorrection #compensatingerrors #completereversalofentries