In which journal would an adjustment for an overcharge by a creditor be recorded?

Name: In which journal would an adjustment for an overcharge by a creditor be recorded?
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Question

Quizplus · Accepted Answer

An adjustment for an overcharge by a creditor would be recorded in the general journal as it is not related to any specific purchase, payment, or receipt transaction. The general journal is used for adjusting entries, such as correcting errors, recording depreciation or amortization, and allocating expenses.

In Which Journal Would an Adjustment for an Overcharge by a Creditor