Examlex
Research on the effects of procrastination on health has found that
Adjustments Column
A column in journals or ledgers where adjustments are made to correct or update account balances before the preparation of financial statements.
Unadjusted
Refers to figures or entries that have not been modified to reflect adjustments, corrections, or changes.
Adjusted
Adjusted generally refers to alterations made to financial statements or data to correct for discrepancies or to account for extraordinary events.
Final Trial Balances
Final trial balances are the summary listings of all the ledger accounts right after the closing entries are made at the end of an accounting period, essentially reflecting the balance of every account before the start of a new accounting period.
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