Post an Adjusting Entry
ContentSign up for the Dummies Beta Program to try Dummies' newest way to learn.What Is an Adjusting Journal Entry?4 Use the Ledger Balances to Prepare an Adjusted Trial BalancePosting In the Closing ProcessHow to prepare your adjusting entriesWhat Are the Types of Adjusting Journal Entries?Definition of Posting Accounting Sometime companies collect cash for which the goods or services are to be provided in some future period. Such receipt of cash is recorded by debiting cash and crediting a liability...