Year-end adjustments are journal entries made to various general ledger accounts at the end of the fiscal year, to create a set of books that is in...

Year-end adjustments are journal entries made to various general ledger accounts at the end of the fiscal year, to create a set of books that is in compliance with the applicable accounting framework. A number of year-end adjustments may be required, depending on how diligently the books have been maintained on a monthly basis.Explain theexamples of year-end adjustments