THE ROLE OF ADJUSTMENT JOURNALS IN PRESENTING FINANCIAL STATEMENTS

Abstract

Research This aim For study in a way comprehensive role journal adjustment in increase quality presentation report finance , in particular report profit loss , balance sheet , and reports change equity . The research method used is method descriptive qualitative with approach studies literature , namely analyze book text accounting , standards accountancy finance , as well as journals relevant scientific research results . show that journal adjustment own a very important role in implementation principle accrual , principle matching principle, and the principle fairness presentation report finance . Through journal adjustments , income and expenses can recognized in the appropriate period , so that profit or resulting losses reflect performance the real company . In addition , the journal adjustments also contribute in presentation position accurate finances with display mark appropriate assets , liabilities , and equity with condition real company. With Thus, the implementation journal precise and consistent adjustments can increase relevance, reliability, and comparability of reports finance as base taking decision economy.