adjusting entry Definition

adjusting entry

Definition

A bookkeeping entry made at the end of an accounting period to assign income and expenses to a different period. These entries are made under the accrual accounting systems in order to correctly reflect the timings of income and expenditure. Some adjusting entries include accounts receivable, accounts payable, depreciation and amortization.

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

Related Terms on BusinessDictionary

correcting entry

reversing entry

Popular 'Accounting' Terms

current ratio
equity
working capital
asset
EBITDA

revenue
net income
negotiable
net profit
net worth

adjusting entry in the news

Tools

adjusting entry is ...

... part of the Accounting subject.

Nearby Terms

adjusted funds from operations
adjusted futures price
Adjusted Gross Income
adjusted present value (APV)
adjusted trial balance
adjusting entry
adjustment
adjustment bond
adjustment bureau
adjustment date
administrative systems

Search volume for adjusting entry

Review the unprecedented moves the Fed & Treasury took to bring the financial markets back from the precipice