Challenger App

No.1 PSC Learning App

1M+ Downloads
Which type of journal entries are made at the end of each accounting period so that the financial statements better reflect the accrual method of accounting?

AClosing entries

BReversing entries

COpening entries

DAdjustment entries

Answer:

D. Adjustment entries

Read Explanation:

.


Related Questions:

Which group was especially targeted by Rural Schools in the Danish co-operative education system?
In Consignment Accounting, Consignment is
A person who owes money to the business is a
In the provision method of depreciation the asset always appears at:
Wages payable are classified as: