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Hi I had a question a homework question on how to zero out an account....

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Accounting

Hi I had a question a homework question on how to zero out an account. I had to zero out a WIP account in june by credting the WIP account for $582.17 and debiting a accounts payable account by 582.17. I accidentally credited the WIP account 582.17 and then debited the same WIP account for 582.17. How would I fix this so the account zeros out. I posted it 06/30/2023 and reversing 07/1/2023 how would I fix this so it zeros out when I post 07/31/2023 to 08/01/2023

What I actually had to do

image

What I did by mistake I posted this as a reversing enrty in 06/30/2023 and reversing 07/1/2023 how would I fix this so it zeros out when I post 07/31/2023 to 08/01/2023

image

\\begin{tabular}{|r|r|l|} \\hline \\multicolumn{1}{|l|}{ debit } & \\multicolumn{1}{|c|}{ credit } & \\\\ \\hline 582.17 & 582.17 & WIP \\\\ \\hline & Accounts Payable \\\\ \\hline \\end{tabular} \\begin{tabular}{|r|r|l|} \\hline \\multicolumn{1}{|l|}{ debit } & \\multicolumn{1}{|c|}{ credit } & \\\\ \\hline 582.17 & 582.17 & WIP \\\\ \\hline & Accounts Payable \\\\ \\hline \\end{tabular}

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