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Reversing entries are: a. normally prepared for prepaid, accrued, and estimated items. b. necessary to acheive a proper matching of revenue and expense. c.desirable to

Reversing entries are: a. normally prepared for prepaid, accrued, and estimated items. b. necessary to acheive a proper matching of revenue and expense. c.desirable to excercise consistency and establish standardized procedures. d. are made prior to closing the books for the period

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