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.
The closing entries for any revenues and expenses are subsequently posted to the existing revenue and expense accounts in the general ledger. Since a revenue account has a current credit balance, posting a debit closing entry of the same amount to the revenue account will bring the revenue account balance to zero.