Question

What is adjusting in account​

Answer 1

Answer:

Account adjustments are entries made in the general journal at the end of an accounting period to bring account balances up-to-date. ... There are four types of accounts that will need to be adjusted. They are accrued revenues, accrued expenses, deferred revenues and deferred expenses.

Answer 2

Answer:

Account adjustments are entries made in the general journal at the end of an accounting period to bring account balances up-to-date. There are four types of accounts that will need to be adjusted. They are accrued revenues, accrued expenses, deferred revenues and deferred expenses.

Explanation:

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