closing entry

English - Turkish

Definition of closing entry in English Turkish dictionary

kapanış kaydı

kapanış maddesi

English - English

Definition of closing entry in English English dictionary

End of the year journal entries to transfer the income or loss from revenue and expense accounts to owner's equity

The final bookkeeping entries made at the end of an accounting period to transfer income and expense items to the balance sheet accounts

a journal entry transferring a balance from an ongoing account to the profit and loss account at the end of an accounting period

Hyphenation

clos·ing en·try

Turkish pronunciation

klōzîng entri

Pronunciation

/ˈklōzəɴɢ ˈentrē/ /ˈkloʊzɪŋ ˈɛntriː/