Definition A bookkeeping entry made at the end of an accounting period to assign income and expenses to a different period. These entries are made under the accrual accounting systems in order to corr [..]

The record made of an accounting transaction giving effect to the correction of an error, an accrual, a write-off, a provision for bad debts or depreciation, or similar transactions

Adjusting entries are bookkeeping entries usually made at the end of an accounting period to allocate and record previous unrecognized revenue and expenses. Changes with respect to the assets and liab [..]