Reversing entries are only used if (a) assets are increasing and have no previous balance or (b)
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Reversing entries are only used if
(a) assets are increasing and have no previous balance or
(b) liabilities are increasing and have no previous balance.LO.1
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Related Book For
College Accounting A Practical Approach Chapters 1-26
ISBN: 9780130911421
8th Edition
Authors: Jeffrey Slater
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