Balance day adjustments in the general journal and ledger - Grabación | es - 262 - 25023
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  • Apuntes
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    BabaJide Martins F.
    TR
    BabaJide Martins F.

    It helps to get an accuracy of profit and losss account statement.

    Hermina S.
    LC
    Hermina S.

    What is meant by "balance day adjustment?"

    Morne V.
    ZA
    Morne V.

    You may be asked to record the balance day adjustment for depreciation and the posting to the profit and loss summary account in the general journal and in the general ledger

    Sunday O.
    NG
    Sunday O.

    Recording giving all the report

    Odongo M.
    UG
    Odongo M.

    Accounting -> Topics -> Depreciation Recording Recording You may be asked to record the balance day adjustment for depreciation and the posting to the profit and loss summary account in the general journal and in the general ledger.

    Manish K.
    NP
    Manish K.

    That portion which has been used can be considered as depreciation which has to be shown in profit and loss account. it has to be shown in journals and general ledger.

    Penelope M.
    US
    Penelope M.

    done

    Adil N.
    MA
    Adil N.

    What are balance. day adjustments in the general journal and ledger?

    Gloria N.
    AE
    Gloria N.

    You may be asked to record the balance day adjustment for depreciation and the posting to the profit and loss summary account in the general journal and in the general ledger.

    Owusu E.
    GH
    Owusu E.

    Recording is the first step in the accounting process.

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