))
Adjusting journal
Manage episode 330970816 series 3342280
Kandungan disediakan oleh Bookkeeping Centrum. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Bookkeeping Centrum atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.
Welcome Bookkeeping Centrum Family, to another episode of your favorite weekly podcast.
Adjusting journal entries are used to adjust the financial statements and bring them into compliance with relevant accounting standards, such as GAAP or IFRS. This is the fourth step in the accounting cycle. Adjusting entries are most commonly used in accordance with the matching principle to match revenue and expenses in the period in which they occur. This activity has to be performed by accountants on a regular bases, to be sure that the income and expenses are upgraded to the information of the actual cycle.
And in today´s podcast, we will give you all the information you need in order to fully understand this tool. Now… Check it out!
46 episod
Kongsi
