"adjustment account" meaning in All languages combined

{
  "forms": [
    {
      "form": "adjustment accounts",
      "tags": [
        "plural"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {},
      "expansion": "adjustment account (plural adjustment accounts)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
      "categories": [
        {
          "kind": "other",
          "name": "English entries with incorrect language header",
          "parents": [
            "Entries with incorrect language header",
            "Entry maintenance"
          ],
          "source": "w"
        },
        {
          "kind": "topical",
          "langcode": "en",
          "name": "Accounting",
          "orig": "en:Accounting",
          "parents": [
            "Finance",
            "Business",
            "Economics",
            "Society",
            "Social sciences",
            "All topics",
            "Sciences",
            "Fundamental"
          ],
          "source": "w"
        }
      ],
      "examples": [
        {
          "ref": "1976, Food Corporation of India, Annual Report - Food Corporation of India, page 100",
          "text": "lt is also relevant to mention that there would be no effect on the profit of the Corporation even if the liability was written back through 'prior period adjustment account'.",
          "type": "quotation"
        },
        {
          "ref": "2006, Kathy Ivens, Running QuickBooks 2007 Premier Editions, page 49",
          "text": "[…] your adjustment account should be an expense account for reducing inventory and an income account when increasing inventory.",
          "type": "quotation"
        },
        {
          "ref": "2008, Bill D. Jarnagin, U.S. Master GAAP Guide, page 622",
          "text": "The impact will be disclosed by establishment of an inventory adjustment account and a cost of goods sold adjustment account at the cost basis of the merchandise sold.",
          "type": "quotation"
        },
        {
          "ref": "2016, Sehgal Deepak, Financial Accounting, page 20-3",
          "text": "However, if goods are returned by branch to HO, the loading is cancelled by debit to adjustment account.",
          "type": "quotation"
        }
      ],
      "glosses": [
        "An account used in double-entry bookkeeping to represent the other side of adjustments that need to be made."
      ],
      "id": "en-adjustment_account-en-noun-YJ9R6iJd",
      "links": [
        [
          "accounting",
          "accounting#Noun"
        ],
        [
          "double-entry",
          "double-entry"
        ],
        [
          "bookkeeping",
          "bookkeeping"
        ],
        [
          "adjustment",
          "adjustment"
        ]
      ],
      "raw_glosses": [
        "(accounting) An account used in double-entry bookkeeping to represent the other side of adjustments that need to be made."
      ],
      "topics": [
        "accounting",
        "business",
        "finance"
      ]
    }
  ],
  "word": "adjustment account"
}

{
  "forms": [
    {
      "form": "adjustment accounts",
      "tags": [
        "plural"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {},
      "expansion": "adjustment account (plural adjustment accounts)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
      "categories": [
        "English countable nouns",
        "English entries with incorrect language header",
        "English lemmas",
        "English multiword terms",
        "English nouns",
        "English terms with quotations",
        "en:Accounting"
      ],
      "examples": [
        {
          "ref": "1976, Food Corporation of India, Annual Report - Food Corporation of India, page 100",
          "text": "lt is also relevant to mention that there would be no effect on the profit of the Corporation even if the liability was written back through 'prior period adjustment account'.",
          "type": "quotation"
        },
        {
          "ref": "2006, Kathy Ivens, Running QuickBooks 2007 Premier Editions, page 49",
          "text": "[…] your adjustment account should be an expense account for reducing inventory and an income account when increasing inventory.",
          "type": "quotation"
        },
        {
          "ref": "2008, Bill D. Jarnagin, U.S. Master GAAP Guide, page 622",
          "text": "The impact will be disclosed by establishment of an inventory adjustment account and a cost of goods sold adjustment account at the cost basis of the merchandise sold.",
          "type": "quotation"
        },
        {
          "ref": "2016, Sehgal Deepak, Financial Accounting, page 20-3",
          "text": "However, if goods are returned by branch to HO, the loading is cancelled by debit to adjustment account.",
          "type": "quotation"
        }
      ],
      "glosses": [
        "An account used in double-entry bookkeeping to represent the other side of adjustments that need to be made."
      ],
      "links": [
        [
          "accounting",
          "accounting#Noun"
        ],
        [
          "double-entry",
          "double-entry"
        ],
        [
          "bookkeeping",
          "bookkeeping"
        ],
        [
          "adjustment",
          "adjustment"
        ]
      ],
      "raw_glosses": [
        "(accounting) An account used in double-entry bookkeeping to represent the other side of adjustments that need to be made."
      ],
      "topics": [
        "accounting",
        "business",
        "finance"
      ]
    }
  ],
  "word": "adjustment account"
}