Our Explanation of Adjusting Entries gives you a process and an understanding of how to make the adjusting entries in order to have an accurate balance sheet and income statement. Eight examples including T-accounts for the 16 related general ledger accounts provide makes this topic easier to master.
This 65-question quiz is a fast way to assess your understanding of the Adjusting Entries Explanation. It's also a great warmup for our Quick Tests.
Our visual tutorial for the topic Adjusting Entries shows you how every adjusting entry will impact both the balance sheet and the income statement. We demonstrate a simple technique with several examples and conclude with a quiz to give you feedback and improve your retention.
We've answered 132 popular questions related to the topic Adjusting Entries. Review them all or use the search box found at the top of each page of our website for your specific questions.
Our flashcards for the topic Adjusting Entries will help you master key terms and definitions. You can view them on any device or print them out.
If you find Adjusting Entries terminology difficult, this Word Scramble will provide clues (scrambled answers) to assist you.
We created this crossword puzzle for you to learn, review, and retain terminology for the topic Adjusting Entries in a more fun format.
We created this crossword puzzle for you to learn, review, and retain terminology for the topic Adjusting Entries in a more fun format.
We created this crossword puzzle for you to learn, review, and retain terminology for the topic Adjusting Entries in a more fun format.
Our Adjusting Entries Cheat Sheet provides examples of the typical accrual, deferral, and other adjusting entries. An example of a reversing entry is also included.
This graded 40-question test measures your understanding of the topic Adjusting Entries. Our quick tests will help you discover which concepts you need to study further and enhance your long-term retention. All of our quick tests can be taken online and/or printed.
This graded 30-question test measures your understanding of the topic Adjusting Entries. Our quick tests will help you discover which concepts you need to study further and enhance your long-term retention. All of our quick tests can be taken online and/or printed.
This graded 40-question test measures your understanding of the topic Adjusting Entries. Our quick tests will help you discover which concepts you need to study further and enhance your long-term retention. All of our quick tests can be taken online and/or printed.
This graded 30-question test provides coaching to guide you to the correct answers. Use our coaching to learn the WHY behind each answer and deepen your understanding of the topic Adjusting Entries.
Unless a company’s financial statements are adjusted at the end of each accounting period, they will not present the true profit, assets, liabilities, etc. Passing our certificate exam will allow you to gain confidence and distinguish yourself. You will become more valuable as you prepare to pass this 40-question exam.
We now offer four Certificates of Achievement for Introductory Accounting and Bookkeeping. The certificates include Debits and Credits, Adjusting Entries, Financial Statements, and Working Capital and Liquidity. Click here to learn more.
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com
