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Reversing entries: a. are necessary when journal entries have been incorrectlyrecorded. b. are a required step in the accounting cycle. c. will often result temporarily

Reversing entries:

a. are necessary when journal entries have been incorrectlyrecorded.

b. are a required step in the accounting cycle.

c. will often result temporarily in abnormal account balances insome accounts.

d. are required only if the company uses accounting software torecord journal entries.

e. must be made before preparing the post closing trialbalance

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