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-   -   Give example of adjusting journal entries (https://www.askmehelpdesk.com/showthread.php?t=493522)

  • Jul 31, 2010, 12:21 AM
    honey17
    Give example of adjusting journal entries
    Give example of adjusting journal entries
  • Jul 31, 2010, 03:18 AM
    morgaine300

    Basic adjusting entries are an entire chapter long, and that's just the basics.

    How about some reading material instead:
    Principles of Accounting
  • Jul 31, 2010, 12:35 PM
    pready

    An expample would be for depreciation. You first have to calculate the amount of depreciation for the period, then the journal entry will be: Debit Depreciation Expense for the amount and Credit Accumulated Depreciation for the amount.

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