Advice on correcting journal entry. Thanks!

In 2014, there was a debit balance shown on an accrued account (liability account). It was a mistaken and caught in 2015. The following adjustment has been made to correct error in FY2015:

Debit: Fund Balance – Unreserved

Credit: Accrued Account (liability account)

Is this correct entry? Thanks million!!!!

所有跟帖： 

• Debit expense and credit the accrual liability? -lilysnow- ♀ (0 bytes) () 11/04/2015 postreply 11:40:28

• 這個負數是單比帳產生的還是累計的？重複reverse 了以前的accrue?感覺你不應該調fund balance 帳戶。你們是 -julie116- ♀ (0 bytes) () 11/04/2015 postreply 12:19:07

• 看進來。 -Littlegu2- ♀ (683 bytes) () 11/06/2015 postreply 08:58:01

• Many thanks to Littlegu2, lilysnow and Julie! Thanks for your ti -YiYiYangYang- ♂ (0 bytes) () 11/08/2015 postreply 16:15:41