Difference between revisions of "Adjusting journal entry"

From CNM Wiki
Jump to: navigation, search
(Created page with "Adjusting journal entry is any journal entry that are needed in order to update specific ledger accounts to reflect correct balances at the end of an accounting peri...")
 
(Related coursework)
 
(One intermediate revision by the same user not shown)
Line 4: Line 4:
 
==Definitions==
 
==Definitions==
 
According to [[College Accounting: A Practical Approach by Slater (13th edition)‎]],
 
According to [[College Accounting: A Practical Approach by Slater (13th edition)‎]],
:[[Adjusting journal entry]]. [[Journal entry|Journal entri]]es that are needed in order to update specific ledger accounts to reflect correct balances at the end of an [[accounting period]].
+
:[[Adjusting journal entries]]. [[Journal entry|Journal entri]]es that are needed in order to update specific ledger accounts to reflect correct balances at the end of an [[accounting period]].
  
 
==Related concepts==
 
==Related concepts==
 
*[[Accounting]] (alternatively known as [[accountancy]]) is management of [[financial data]], information, and knowledge about [[financial transaction]]s of [[legal entity|legal entiti]]es. [[Accountancy]] tends to include [[bookkeeping]] and, depending on a particilar enterprise, may also include [[quatitative analysis]] of [[financial data]] in the [[bookkeeping system]] and/or [[business intelligence]].
 
*[[Accounting]] (alternatively known as [[accountancy]]) is management of [[financial data]], information, and knowledge about [[financial transaction]]s of [[legal entity|legal entiti]]es. [[Accountancy]] tends to include [[bookkeeping]] and, depending on a particilar enterprise, may also include [[quatitative analysis]] of [[financial data]] in the [[bookkeeping system]] and/or [[business intelligence]].
  
==Related coursework==
+
==Related lectures==
 
*[[Principles of Accounting]].  
 
*[[Principles of Accounting]].  
  
[[Category: Accounting]][[Category: Articles]]
+
[[Category: International Accounting]][[Category: Articles]]

Latest revision as of 22:47, 4 January 2019

Adjusting journal entry is any journal entry that are needed in order to update specific ledger accounts to reflect correct balances at the end of an accounting period.


Definitions

According to College Accounting: A Practical Approach by Slater (13th edition)‎,

Adjusting journal entries. Journal entries that are needed in order to update specific ledger accounts to reflect correct balances at the end of an accounting period.

Related concepts

Related lectures