An Adjusting Journal Entry (AJE) is an entry made in an accounting journal to allocate income or expenses to the period in which they actually occurred, typically as a part of the end-of-period adjustments to the financial statements.
Adjusting Journal Entries (AJEs) are accounting entries made to a company’s general ledger at the end of an accounting period to ensure that revenues and expenses are recorded in the period in which they occur. These entries are essential for complying with the matching principle and accrual accounting methods.
