0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What is the difference between adjusting entries and correcting entries?
Correcting entries correct errors. Adjusting entries fine tune the accounts.
What comes first closing journal entries or post closing entries?
Closing entries comes first as name shows post closing entries are after closing entries and it is as simple as name suggests.
What is the difference between journal entries vs adjusting entries?
Journal entries are recorded as soon as financial transaction occures while adjusting entries are made to rectify the previously made journal entries.
Adjusting entries help to achieve the principle?
Adjusting entries helps to achieve the principle of double entries
How do the adjusting entries differ from othe journal entries?
Journal entries are those entries which are recorded first time when any transaction occured while adjusting entries are only recorded when there is any adjustment required in previously created journal entry.
What does entries that were written by a character mean?
Entries (contributions in writing) from a person (a character) who wrote them.
Does the fact that the trial balanced mean that there are no errors in the account?
No. There could be missing entries or entries that were not correct (wrong amounts, duplicates, etc.)
What does de -regulation mean?
Asian It means reducing or eliminating rules.
What does it mean for when index entries highlighted in green in the erg?
Toxic inhalation hazard
MeAN of ungrouped data?
Add it all together, and then divide it by the number of data entries that there are.
What does it mean for a matrix to be triangular?
A square matrix in which all the entries of the main diagonal are zero
What does excreation mean?
(in living organisms and sells)the process of eliminating or expelling waste matter
What is the difference between adjusting entries and correcting entries?
Correcting entries correct errors. Adjusting entries fine tune the accounts.
What does Monthly closing mean?
completing all the entries pertaining to a specific month in a financial journal
What comes first closing journal entries or post closing entries?
Closing entries comes first as name shows post closing entries are after closing entries and it is as simple as name suggests.
What is the difference between journal entries vs adjusting entries?
Journal entries are recorded as soon as financial transaction occures while adjusting entries are made to rectify the previously made journal entries.
Adjusting entries help to achieve the principle?
Adjusting entries helps to achieve the principle of double entries
