Balance day adjustments in the general journal and ledger - Spese maturate | it - 187 - 17620
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Spese maturate

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  • Note di Apprendimento
  • Revisione degli argomenti
    Sanjeevan S.
    GB
    Sanjeevan S.

    Allows matching principle to be carried out• Adjustment entries facilitate a better matching of revenues and expenses• Ensures a more accurate profit figure for the period• Essential – final reports are a basis for future decisions• Information in reports are of greater relevance and more reliable

    Rose R.
    PG
    Rose R.

    expenses incurred but not yet paid at balance day ; a current liability .

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