it is true as we record adjusting entry when expenses are begin to incur and in case of when the servvices began to start.
Yes this is true or simply we define that adjusting entries are journal entries generally made at the end of an accounting period to allocate expenditure and income to the period in which they actually occurred.Managerial Accounting
it is true as we record adjusting entry when expenses are begin to incur and in case of when the servvices began to start.
ReplyDeleteYes this is true or simply we define that adjusting entries are journal entries generally made at the end of an accounting period to allocate expenditure and income to the period in which they actually occurred.
ReplyDeleteManagerial Accounting