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What is the difference between adjustment entry and single adjustment entry and journal entry? Are these same or not?
Most Upvoted Answer
What is the difference between adjustment entry and single adjustment ...
Single adjustment entry and adjustment entry are applied in different situations in entries no difference
Community Answer
What is the difference between adjustment entry and single adjustment ...
Journal entry : when we record day to day transactions
in a journal format with a Dr and cr.

adjustment entry :It is also a journal entry as we record
in a journal format but it does not
records the day to day transaction .
we pass adjustment entries for
compensating the errors in past
entries .

single adjustment entry : it's also a journal entry and it
is also a adjustment entry . It
is when we do all the
adjustments through a single
entry .
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What is the difference between adjustment entry and single adjustment entry and journal entry? Are these same or not?
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What is the difference between adjustment entry and single adjustment entry and journal entry? Are these same or not? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about What is the difference between adjustment entry and single adjustment entry and journal entry? Are these same or not? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the difference between adjustment entry and single adjustment entry and journal entry? Are these same or not?.
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