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Home > QFINANCE Dictionary > Definition of closing entries

Definition of

closing entries


entries at very end of accounting period in a double-entry bookkeeping system, entries made at the very end of an accounting period to balance the expense and revenue ledgers

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Definitions of ’closing entries’ and meaning of ’closing entries’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’closing entries’ and other financial terms with our online QFINANCE Financial Dictionary.

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