Asked by
Irene Zepania
on Nov 12, 2024
Verified
Adjusting journal entries are dated on the last day of the period.
Adjusting Journal Entries
Entries made in accounting records at the end of an accounting period to update accounts for accruals and deferrals that were not recorded during the accounting period.
- Comprehend the idea and objective of making adjusting entries within the field of accounting.
Verified Answer
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Learning Objectives
- Comprehend the idea and objective of making adjusting entries within the field of accounting.