In a prior period, I made the mistake of double-counting the reimbursable expenses of one of my company’s employees. We paid him a portion of what we owed him, but I am not sure how to delete/adjust/correct the amount recorded twice.

What I have done is reverse the entry. In other words, in November, I debited “Office Supplies,” and in December, I credited the same expense account. But in doing so, the credit is distorting the actual amount spent in this expense category for the month.

How should I handle this scenario?

Thanks,

G.