An unacceptable way to make a correcting entry is to

Question

Quizplus · Accepted Answer

Erasing the incorrect entry is not an acceptable way to make a correcting entry as it leaves no record of the original error and could potentially lead to confusion or fraudulent activity. The correct way to make a correcting entry is to either reverse the incorrect entry or make a new entry that corrects the error, while also providing an explanation for the correction. It is also important to correct the error as soon as it is discovered to ensure accurate and up-to-date financial records.

An Unacceptable Way to Make a Correcting Entry Is to