Hi everyone. I was wondering about year end adjusting enteries. What do I do with cash. Do I adjust it or leave it alone? I started with 25,000 and I ended with 30,000. Do I put this in OE or somewhere else. Do I adjust everything with a different balance?:eek:

Adjusting Entries are stuff where you record depreciation expense, take down your prepaids, etc.

In terms of your cash going from 25K to 30K:

That would have been “adjusted” during the year.

If you made a sale for 10,000, you would have debited cash for 10,000, etc.