adjusting journal entries

Kris Stone · #1 Oct 3, 2007, 04:25 PM

What types of accounts are subject to adjusting journal entries?

jdeshayes · Oct 3, 2007, 05:35 PM

A whole bunch - could be any of them. Accumulated depreciation & depreciation expense is a big one.

You can basically adjust anything (now, whether you should...that's a different question)

Do you have any specific questions on this?

bhet · Oct 3, 2007, 07:51 PM

all accruals and defferals are subjst to adjustments at year end.



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