An adjusting journal entry is an entry made at the end of a reporting period to reflect unrecognized transactions. This often pertains to the accounts for accrued expenses, accrued revenue, prepaid expenses, and unearned revenue.
An adjusting journal entry is an entry made at the end of a reporting period to reflect unrecognized transactions. This often pertains to the accounts for accrued expenses, accrued revenue, prepaid expenses, and unearned revenue.