Hi, I have an invoice that was created in 2023 and payments were received against that invoice in 2023 and 2024. There are 3 payments recived in 2023 that are incorrect and need to be deleted, whcih can't be done since 2023 is locked down. The bank reconciled due to an adjusting entry made 12/31/2023 to address years worth of discrepencies, but now the balance due on this invoice is understated by the 3 payments incorrectly received in 2023.
What entry do I need to make to essentially delete these payments? Do I debit AR and credit RE?
