Transactions which adjust nominal account balances of prior fiscal periods are posted to one of two current non-operating accounts, Revenues Applicable to Prior Years or Expenses Applicable to Prior Years.
Cal. Code Regs. Tit. 2, § 1091.10
Transactions which adjust nominal account balances of prior fiscal periods are posted to one of two current non-operating accounts, Revenues Applicable to Prior Years or Expenses Applicable to Prior Years.
Cal. Code Regs. Tit. 2, § 1091.10