What types of accounts are subject to adjusting journal entries?
What types of accounts are subject to adjusting journal entries?
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?
All accruals and defferals are subjst to adjustments at year end.
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