closing entry
1closing entry — ➔ entry * * * closing entry UK US noun [C] ► ACCOUNTING the final entry in an accounting period before moving it to a balance sheet (= an account that calculates profit and loss) …
2Closing Entry — A journal entry made at the end of the accounting period. The closing entry is used to transfer data in the temporary accounts to the permanent balance sheet or income statement accounts. The purpose of the closing entry is to bring the temporary …
3closing entry — noun : any one of a series of journal entries necessary to close the books of a business …
4entry — A declaration and request for customs release in respect of imports or goods intended for export. It is usually made on a Single Administrative Document ( SAD). Traders approved to do so can submit entries electronically. HM Customs & Revenue… …
5closing date — noun The date by which something must be submitted, completed, etc • • • Main Entry: ↑close * * * noun, pl ⋯ dates [count] Brit : the last day that something (such as applying for a job or entering a contest) can be done : ↑deadline The closing… …
6entry — [[t]e̱ntri[/t]] ♦♦ entries 1) N UNCOUNT: usu N to/into n If you gain entry to a particular place, you are able to go in. Bill was among the first to gain entry to Buckingham Palace when it opened to the public recently... Non residents were… …
7entry — en|try W2S2 [ˈentri] n plural entries ▬▬▬▬▬▬▬ 1¦(act of entering)¦ 2¦(becoming involved)¦ 3¦(right to enter)¦ 4¦(competition)¦ 5¦(something written)¦ 6¦(computer)¦ 7¦(door)¦ ▬▬▬▬▬▬▬ [Date: 1200 1300; …
8in closing — formal : at the end of a speech, letter, etc. “Thank you all for your help, and for making the fair such a big success,” she said in closing. used to introduce the final remarks in a speech, letter, etc. In closing [=in conclusion], I would like… …
9early-closing — early closˈing adjective • • • Main Entry: ↑early …
10Partnership accounting — When two or more individuals engage in an enterprise as co owners, the organization is known as a partnership. This form of organization is popular among personal service enterprises, as well as in the legal and public accounting professions. The …
