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    anandfriends29's Avatar
    anandfriends29 Posts: 1, Reputation: 1
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    #1

    Nov 6, 2009, 11:32 PM
    About adjustment entries & Contents
    What is adjustment entries & what the contents of adjustment entries.
    rehmanvohra's Avatar
    rehmanvohra Posts: 739, Reputation: 27
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    #2

    Nov 7, 2009, 04:18 AM

    Adjustment entries are made to bring the records up to date and accurate following the accruals principle as well as matching principle. The contents of adjusting entries are:

    1. Prepayments
    2. Accruals
    3. Depreciation
    4. Amrtization
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