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View Full Version : Reversing entries


kumquatpics
Mar 4, 2007, 12:20 PM
I don't understand which accounts need to be reversed at the end of a peroid.
Can someone PLEASE help me? I have an exam tomorrow and it's the only part (so far) that I don't get.

CaptainForest
Mar 4, 2007, 02:08 PM
See this link on reversing entries:

Reversing Entries (http://www.netmba.com/accounting/fin/process/reversing/)