adjusting entry

(redirected from Adjusting Journal Entry)
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  • noun

Words related to adjusting entry

an accounting entry made at the end of an accounting period to allocate items between accounting periods

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Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
Cash Investment in Growing Crops 3,000 Change in Investment in Growing Crops 3,000 4-5 * For each of the multiple choice questions below, select the appropriate adjusting journal entry that would be recorded at the end of the year (December 31).
Chapter 4: End of year accounting procedures
In this case, an adjusting journal entry might be proposed.
Statistical sampling revisited
Accordingly, if I make a mistake entering an item into my general ledger, I must then make an "adjusting journal entry" in order to correct the error.
How secure is your case-management software?
Using journal entries, they would record the following adjusting journal entry before preparing financial statements.
Chapter 5: Financial statement preparation and closing entries
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