journal entry at the end of an accounting period to bring an asset or liability account to its proper amount and update the related expense or revenue account (p 129)
a journal entry at the end of an accounting period to bring an asset or liability account balance to its proper amount while also updating the related expense or revenue account (p 134)
Entry made at the end of an accounting period to record adjustments to reconciled accounts
An entry made at the end of the period to record an event or transaction that has not been recorded during the current accounting period Events or transactions that are not signalled in any other way are recorded through adjusting entries