adjusting journal entry

简明释义

调整分录

英英释义

例句

1.The adjusting journal entry was necessary to ensure that the financial statements reflected accurate revenue for the period.

这份调整分录是必要的，以确保财务报表反映出该期间的准确收入。

2.Before closing the books, we need to review all adjusting journal entries made during the year.

在结账之前，我们需要审核年内所做的所有调整分录。

3.The auditor found an error in the adjusting journal entry related to inventory valuation.

审计员发现与库存估值相关的调整分录中存在错误。

4.At the end of the month, the accountant prepared an adjusting journal entry to record accrued expenses.

在月底，会计准备了一份调整分录来记录应计费用。

5.An adjusting journal entry helps to align the accounting records with the actual financial situation.

一份调整分录有助于将会计记录与实际财务状况对齐。

作文

In the world of accounting, accuracy is paramount. One of the essential tools that accountants use to ensure financial statements reflect true and fair views of a company’s financial position is the adjusting journal entry. An adjusting journal entry is a journal entry made at the end of an accounting period to allocate income and expenses to the correct period. This process is crucial because it helps in adhering to the accrual basis of accounting, which states that revenues should be recognized when earned and expenses when incurred, regardless of when cash transactions occur.For instance, consider a situation where a company provides services in December but does not receive payment until January. Without making an adjusting journal entry, the revenue would not be recognized until January, which could misrepresent the company’s performance for December. By making an adjusting journal entry, the company can record the revenue in December, ensuring that its financial statements accurately reflect the income earned during that month.There are several types of adjusting journal entries, including those for accrued revenues, accrued expenses, deferred revenues, and deferred expenses. Accrued revenues are amounts that have been earned but not yet received in cash. For example, if a company has completed a project but hasn’t billed the client, an adjusting journal entry would be necessary to recognize the revenue.On the other hand, accrued expenses refer to costs that have been incurred but not yet paid. For example, if a company owes salaries to employees for work done in December but will pay them in January, an adjusting journal entry is needed to recognize the expense in December.Deferred revenues occur when cash is received before services are performed or goods are delivered. In such cases, an adjusting journal entry is required to transfer the revenue from a liability account to an income account once the service is rendered. Similarly, deferred expenses are costs that have been paid but not yet incurred. An adjusting journal entry would be made to allocate these expenses to the appropriate period as they are consumed.The importance of adjusting journal entries cannot be overstated. They ensure that financial statements are compliant with the Generally Accepted Accounting Principles (GAAP) and provide stakeholders with accurate financial information. Moreover, they help in identifying trends and making informed business decisions. For instance, if a company consistently recognizes revenue in the wrong period, it may appear to be performing better or worse than it actually is, leading to misguided strategies.In conclusion, adjusting journal entries play a vital role in the accounting process. They help maintain the integrity of financial reporting by ensuring that all revenues and expenses are recorded in the correct periods. Understanding how to make these entries and their implications is crucial for anyone involved in accounting or finance. As businesses continue to evolve and grow, the need for precise financial reporting will only increase, making the skill of preparing adjusting journal entries ever more valuable.

在会计的世界中，准确性至关重要。会计师用来确保财务报表真实反映公司财务状况的重要工具之一就是调整分录。调整分录是在会计期末进行的分录，用于将收入和费用分配到正确的期间。这个过程至关重要，因为它有助于遵循权责发生制，这一原则规定收入应在赚取时确认，费用应在发生时确认，无论现金交易何时发生。例如，考虑一种情况，一家公司在12月提供了服务，但直到1月才收到付款。如果不进行调整分录，则收入将在1月确认，这可能会错误地反映出公司12月的业绩。通过进行调整分录，公司可以在12月记录收入，确保其财务报表准确反映该月的收入。有几种类型的调整分录，包括应计收入、应计费用、递延收入和递延费用。应计收入是指已经赚取但尚未收到现金的金额。例如，如果一家公司完成了一个项目但尚未向客户开票，则需要进行调整分录以确认收入。另一方面，应计费用是指已经发生但尚未支付的成本。例如，如果一家公司欠员工12月的工资，但将在1月支付，则需要进行调整分录以在12月确认费用。递延收入发生在现金在服务提供或商品交付之前收到的情况下。在这种情况下，需要进行调整分录，将收入从负债账户转移到收入账户，一旦服务提供完成。同样，递延费用是指已经支付但尚未发生的费用。在消耗这些费用时，需要进行调整分录以将这些费用分配到适当的期间。调整分录的重要性不容小觑。它们确保财务报表符合公认会计原则（GAAP），并为利益相关者提供准确的财务信息。此外，它们还帮助识别趋势并做出明智的商业决策。例如，如果一家公司持续在错误的期间确认收入，它可能看起来表现得比实际好或差，从而导致误导性的战略。总之，调整分录在会计过程中发挥着至关重要的作用。它们通过确保所有收入和费用在正确的期间记录，维护财务报告的完整性。理解如何进行这些分录及其影响，对于任何参与会计或财务的人来说都是至关重要的。随着企业的不断发展壮大，对精确财务报告的需求只会增加，使得准备调整分录的技能变得愈发宝贵。