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    Fundamental Accounting Principles Study Set 5
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    Exam 4: Completing the Accounting Cycle
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    Reversing Entries
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Reversing Entries

Question 105

Question 105

Multiple Choice

Reversing entries:


A) Are optional.
B) Are mandatory.
C) Correct errors in journal entries.
D) Are required by GAAP.
E) Are prepared on the worksheet.

Correct Answer:

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