Get the free Adjusting Journal Entry Form - Hazleton Area School District - hasdk12
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ARE #. (Business Office Use Only). HAZLETON AREA SCHOOL DISTRICT. ADJUSTING JOURNAL ENTRY SHEET. DATE. PROGRAM.DEPARTMENT.
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How to fill out adjusting journal entry form
How to fill out adjusting journal entry form:
01
Gather all relevant financial records and documents, such as general ledger, trial balance, and supporting documentation for the adjustments.
02
Start by identifying the date of the journal entry and enter it in the corresponding field on the form.
03
Identify the accounts that need to be adjusted and enter them in the account name or number column on the form.
04
Determine whether the accounts will be debited or credited for each adjustment and enter the corresponding amounts in the debit or credit columns on the form.
05
Include a brief description or explanation of each adjustment in the description column on the form. This is important for future reference and understanding of the entry.
06
Calculate the total debits and credits for the journal entry and ensure they are equal to maintain the balance.
07
Review the completed form for accuracy and clarity before submitting or recording the adjustments in the financial records.
Who needs adjusting journal entry form:
01
Accountants or bookkeepers who are responsible for maintaining accurate financial records.
02
Businesses or organizations that need to make adjustments to their financial statements to reflect accurate and up-to-date information.
03
External auditors or tax authorities who may require the submission of adjusting journal entries as part of their review or assessment process.
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