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Journal entryIntermediatePublished

Question · Retrospective restatement of an error

In 2023, Braudia omitted compensation of 44,000 definitively granted by its insurer and still receivable. The earliest period presented is 2024 (tax effect dealt with separately). Record the entry correcting the opening balances.

Omitted compensation
44,000
Your answer
  1. Line 1

    Account Receivable from an insurer

  2. Line 2

    Account Retained earnings

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