An adjusting entry would adjust an expense account so that the expense is reported when incurred.

Name: An adjusting entry would adjust an expense account so that the expense is reported when incurred.
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An adjusting entry is made at the end of an accounting period to adjust an expense account to ensure that the expense is reported in the correct period when it is incurred. This ensures that the financial statements accurately reflect the company's financial position and performance.

An Adjusting Entry Would Adjust an Expense Account So That