To summarize reversing entries reverse an accrual adjusting entry from the previous accounting period and are recorded on the first day of the new period. in this problem, the adjusting entry was made on December 31, 2017 so the reversing entry will be made on January 1, 2018

Dec. 31 Interest Receivable debit 1,200

Interest revenue creidt 1,200

Supplies Expense 520

Supplies credit 520

Taxes expense debt 1750

taxes payable credit 1750

Answer

Date: Account Title Debt Credit

Jan, 1 Interest revenue debit 1,200

interest receiveable credit 1200

taxes payable debit 1750

taxes expense credit 1750

The above answer is on a chart with five blanks that I need filled