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adjusting entry

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.
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Copyright(c) 1997-2008 by WebFinance, Inc. ALL RIGHTS RESERVED. Unauthorized duplication, in whole or in part, is strictly prohibited.]]> IW logo
adjusting entry

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.
Browse Our Entire Glossary | Business Dictionary | Stock Research

Copyright(c) 1997-2008 by WebFinance, Inc. ALL RIGHTS RESERVED. Unauthorized duplication, in whole or in part, is strictly prohibited. ]]> http://www.investorwords.com/113/adjusting_entry.html http://www.investorwords.com/113/adjusting_entry.html November 08, 2009