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In accounting/accountancy, adjusting entries are journal entries usually made at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred. The revenue recognition principle is the basis of making adjusting entries that pertain to unearned and accrued revenues under accrual-basis accounting. -- Wikipedia GlossarySee also Nominal accounts and Real accounts
How to make a Journal Entry in QuickBooks Desktop?Want to learn how to create a journal entry in QuickBooks Desktop? Well, no worries your search ends here? Read on to know more.
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