Closing The Books

Business, Legal & Accounting Glossary

Definition: Closing The Books


Quick Summary of Closing The Books


A term used to describe making the final entries, and balancing the profit and loss account at the end of the financial year.



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https://payrollheaven.com/define/closing-the-books/
Modern Language Association (MLA):
Closing The Books. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. December 05, 2020 https://payrollheaven.com/define/closing-the-books/.
Chicago Manual of Style (CMS):
Closing The Books. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/closing-the-books/ (accessed: December 05, 2020).
American Psychological Association (APA):
Closing The Books. PayrollHeaven.com. Retrieved December 05, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/closing-the-books/

Definition Sources


Definitions for Closing The Books are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 1st April, 2020 | 0 Views.