Another common cause of heel and calf pain is Achilles Tendinitis. Symptoms are frequently described as an aching pain in the back of the lower leg and just above the heel. This sensation is typically worse after exercise and upon first waking up in the morning.
Closing Entry. Loading the player... What is a 'Closing Entry'. A closing entry is a journal entry made at the end of the accounting period in which data is moved into the permanent accounts on the balance sheet from temporary accounts on the income statement.
DEFINITION of 'Ending Inventory'. The value of goods available for sale at the end of the accounting period. The ending inventory is recorded as the lower of the cost of the inventory or the market value of the inventory. Assuming no write-downs, the ending inventory can be found by starting with the beginning inventory, adding purchases and subtracting the cost of goods sold. Next Up.