Get the answers you need at Westonci.ca, where our expert community is always ready to help with accurate information. Connect with a community of experts ready to help you find accurate solutions to your questions quickly and efficiently. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.
Sagot :
Good record entry is important in business, adjusting entries will include record of goods that was previously purchased.
What is Journal entry?
Journal entry contains business details or data to a single business transaction. It includes the date, the amount payable for a particular good and the amount to be debited.
Adjusting entries include records that has changes to accounts that are not otherwise accounted for in the journal earlier.
Therefore, Adjusting entries will record taking a discount when paying for goods previously purchased.
Learn more on Journal entry here,
https://brainly.com/question/14279491
Thanks for using our service. We aim to provide the most accurate answers for all your queries. Visit us again for more insights. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.
