Kris Stone
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.