Account Department - Adjustments

Some of the common adjustments made by account departments are as below:

 

1) General Ledger Opening Balance

 

2) Adjustment on Journal Transactions (or Journal Entries)

 

3) Adjustment on Inventory

 

4) Adjustment on Cash

 

5) Depreciations

 

6) Provision for bad debt

 

7) Pre-payments and Accruals

 

8) Profit and Reserves