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H3Ko H3Ko
wrote...
Posts: 4891
8 years ago
Reversing entries are ________.
A) expensive to record and time consuming
B) the exact opposite of a prior adjusting entry
C) dated the last day of the new period
D) required according to GAAP
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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.unplugged..unplugged.
wrote...
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Posts: 1272
8 years ago
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H3Ko Author
wrote...
7 years ago
YES! Can't believe I got this one right. Appreciate the confirmation
wrote...
4 years ago
Thank you!
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