Businesses sometimes need to make an unearned revenue adjusting entry to their balance sheet. These entries reflect goods and services that the company has been paid for but not yet provided. As ...

An important part of the monthly closing cycle for your small business's general ledger is reviewing the trial balance and posting adjusting entries to recognize accruals, prepaid expenses and correct ...

Understand adjusting entries for accounting purposes, how they are made and what they impact. Many, or all, of the products featured on this page are from our advertising partners who compensate us ...