🔤 Adjustment By Transfer ✨
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URDU
🅰️
Roman Urdu:
transfer ke zariye hisab barabar karna
🇬🇧
ENGLISH
📚noun phrase
adjustment by transfer
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PRONUNCIATION
Standard: /əˈdʒʌstmənt baɪ ˈtrænsfɜːr/
Phonetic: /uh just munt by trans fur/
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DEFINITION
the process of correcting ledger entries by shifting funds or balances from one account head to another
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EXAMPLE SENTENCES
The bookkeeper corrected the allocation error using adjustment by transfer.
Inter-departmental costs were settled through an adjustment by transfer.
The accounting entry showed an adjustment by transfer from reserves to capital.
Reconciling the ledger balance required an immediate adjustment by transfer.
Financial reports documented the adjustment by transfer made at month-end.
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SYNONYMS
reclassification entry ledger transfer book adjustment
⚡
ANTONYMS
cash settlement direct payout
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