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 'Accounting Cycle'. The name given to the collective process of recording and processing the accounting events of a company. The series of steps begin when a transaction occurs and end with its inclusion in the financial statements.The nine steps of the accounting cycle are: 1  Collecting and analyzing data from transactions and events.he name given to the collective process of recording and processing the accounting events of a company. The series of steps begin when a transaction occurs and end with its inclusion in the financial statements. The nine steps of the accounting cycle are: