Adjusting Entries Headquarters
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https://corporatefinanceinstitute.com/resources/knowledge/accounting/adjusting-journal-entry/
May 07, 2020 · An adjusting journal entry is usually made at the end of an accounting period to recognize an income or expense in the period that it is incurred. It is a result of accrual accounting and follows the matching and revenue recognition principles. Generally, adjusting journal entries are made for accruals and deferrals, as well as estimates.Estimated Reading Time: 7 mins
https://www.wallstreetmojo.com/adjusting-entries-examples/
Aug 02, 2019 · Adjusting entries, also known as adjusting journal entries (AJE), are the entries made in the accounting journals of a business firm to adapt or to update the revenues and expenses accounts according to the accrual principle and the matching concept of accounting.Estimated Reading Time: 6 mins
https://courses.lumenlearning.com/sac-finaccounting/chapter/adjusting-entries-for-a-merchandising-company/
Adjusting entries reflect unrecorded economic activity that has taken place but has not yet been recorded because it is either more convenient to wait until the end of the period to record the activity, or because no source document concerning that activity has yet come to the accountant’s attention.
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