Question and answer
What is the purpose of adjusting journal entries?
The purpose of adjusting journal entries is to adjust and update account balances.
Expert answered|andrewpallarca|Points 29158|
Question
Asked 1/11/2014 10:06:33 AM
Updated 1/12/2014 8:27:02 AM
0 Answers/Comments
This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [1/12/2014 8:27:02 AM]
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
What are temporary accounts?
Weegy: temporary accounts- accounts that are used to hold funds temporarily during an accounting period and is cleared at the end of the period to distribute those funds to appropriate permanent accounts [ ] (More)
Question
Expert Answered
Updated 1/12/2014 9:15:25 AM
0 Answers/Comments
what is the Sarbanes-Oxley Act?
Weegy: Sarbanes-Oxley Act sets new or enhanced standards for all U.S. public company boards, management and public accounting firms. (More)
Question
Expert Answered
Updated 1/11/2014 2:03:18 PM
0 Answers/Comments
what is the accounting cycle.
Weegy: Accounting cycle is a step-by-step process of recording, classification and summarization of economic transactions of a business. (More)
Question
Expert Answered
Updated 1/12/2014 12:53:50 PM
0 Answers/Comments
what is the accounting cycle.
Question
Not Answered
Updated 1/12/2014 2:28:19 PM
0 Answers/Comments
what is the balance sheet?
Question
Not Answered
Updated 1/19/2014 4:38:53 PM
1 Answer/Comment

Balance Sheet

A financial statement that summarizes a company's assets, liabilities and shareholders' equity at a specific point in time.

Added 1/19/2014 4:38:53 PM
This answer has been confirmed as correct and helpful.
27,088,658
questions answered
GET
Answers.
GET THE APP.
weegy*
*
Get answers from Weegy and a team of really smart live experts.
Popular Conversations
(5 + 4 – 2) × (–2) = ? User: Simplify 12 - (-8) × 4 = ? User: ...
Weegy: (3n – 2m)^2 = (3n - 2m)(3n - 2m) = 9n^2 - 6mn - 6mn + 4m^2 = 9n^2 - 12mn + 4m^2 = 4m^2 - 12mn + 9n^2 User: ...
7/10/2018 8:34:04 AM| 4 Answers
Which of the following is an example of an improper fraction? ...
Weegy: 3 3/5 as an improper fraction is 18/5. User: How are unlike fractions identified? A. The numerators ...
7/13/2018 4:29:47 PM| 3 Answers
Evaluate 3! + 4!.
Weegy: 4! = 4 x 3 x 2 x 1 = 24. [smile]
7/17/2018 8:40:17 AM| 2 Answers
Descriptive language includes all of the following except A. ...
Weegy: Descriptive language includes all of the following except metaphors.
7/8/2018 2:45:42 PM| 2 Answers
the product of two irrational number is .
Weegy: Integers are NEVER irrational numbers. User: a number that CANNOT be written as a ratio of two integers, which ...
7/9/2018 9:35:51 AM| 2 Answers
S
L
P
Points 189 [Total 389] Ratings 0 Comments 189 Invitations 0 Offline
S
L
Points 138 [Total 138] Ratings 0 Comments 98 Invitations 4 Offline
S
L
R
P
R
Points 114 [Total 437] Ratings 0 Comments 4 Invitations 11 Offline
S
R
L
R
P
R
P
R
R
Points 88 [Total 822] Ratings 0 Comments 8 Invitations 8 Offline
S
Points 49 [Total 49] Ratings 1 Comments 39 Invitations 0 Offline
S
Points 11 [Total 11] Ratings 1 Comments 1 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 0 Comments 0 Invitations 1 Offline
S
Points 3 [Total 3] Ratings 0 Comments 3 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.