Transactions which adjust nominal account balances of prior fiscal periods are posted to one of two current accounts, Revenues Applicable To Prior Years or Expenses Applicable To Prior Years.
Cal. Code Regs. Tit. 2, § 1051.11
Transactions which adjust nominal account balances of prior fiscal periods are posted to one of two current accounts, Revenues Applicable To Prior Years or Expenses Applicable To Prior Years.
Cal. Code Regs. Tit. 2, § 1051.11