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Dayzjah Moore
on Nov 15, 2024

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Not all adjusting entries can be reversed.

Adjusting Entries

Journal entries made at the end of an accounting period to allocate income and expenditures to the appropriate period.

Reversed

Changed to the opposite direction, order, position, or condition, often referring to financial transactions or entries.

  • Understand the concept and purpose of adjusting entries in accounting.
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Gavin SteiberNov 22, 2024
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