ERROR OF ORIGINAL ENTRY Definition

Bookmark and Share

ERROR OF ORIGINAL ENTRY, in accounting, occurs when the double entry is made but using an incorrect figure.

Learn new Accounting Terms

EQUITY OFFERING see EQUITY CAPITAL.

UNAPPLIED FUNDS is available money credited to a temporary holding (suspense) account, pending determination or instruction on the breakdown of how the money is to be allocated.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.