adjusting entry Antonyms

No Synonyms and anytonyms found

Meaning of adjusting entry

Wordnet

adjusting entry (n)

an accounting entry made at the end of an accounting period to allocate items between accounting periods

adjusting entry Sentence Examples

1. The accountant made an adjusting entry to account for accrued expenses that had not been recorded in the previous month.
2. As part of the year-end financial review, the finance team prepared an adjusting entry to reflect depreciation on the company's assets.
3. The bookkeeper recorded an adjusting entry to recognize the prepaid expenses that had been used up during the accounting period.
4. In preparation for the upcoming audit, the accounting department made an adjusting entry to address discrepancies in the inventory valuation.
5. The accountant carefully reviewed the financial statements and made an adjusting entry to correct an error in the recognition of revenue.
6. During the month-end close process, the financial analyst made an adjusting entry to account for unearned revenue that had been earned but not yet recorded.
7. In response to changes in market values, the treasurer made an adjusting entry to reflect the fair value of the company's investments.
8. The auditor recommended an adjusting entry to correct an oversight in the recognition of accrued liabilities.
9. As part of the regular financial reporting process, the accountant prepared an adjusting entry for the amortization of intangible assets.
10. The financial controller reviewed the trial balance and made an adjusting entry to account for an omission in the recording of interest expenses.

FAQs About the word adjusting entry

What is the meaning of the word adjusting entry

an accounting entry made at the end of an accounting period to allocate items between accounting periods

What are the synonyms of the word adjusting entry

No synonyms found.

What are the antonyms of the word adjusting entry

No antonyms found.

What is the usage of word adjusting entry

The accountant made an adjusting entry to account for accrued expenses that had not been recorded in the previous month.

As part of the year-end financial review, the finance team prepared an adjusting entry to reflect depreciation on the company's assets.

How to use the word adjusting entry in a sentence?

The bookkeeper recorded an adjusting entry to recognize the prepaid expenses that had been used up during the accounting period.

In preparation for the upcoming audit, the accounting department made an adjusting entry to address discrepancies in the inventory valuation.