👉 "Unadjusted," as defined in the context of financial statements, refers to a measure that reflects the cost or value of an asset without considering any adjustments for depreciation, amortization, or other non-cash items. In accounting terms, it is used when there are no significant changes in values over time and only changes in costs or expenses. In simpler terms: The unadjusted term means that all changes made to a financial statement (like the income statement or balance sheet) have been accounted for without
