Question: A reversing entry ________. A. is dated the last day of an accounting period B. exactly resembles the prior adjusting entry prepared in the books
A reversing entry ________.
| A. | is dated the last day of an accounting period | |
| B. | exactly resembles the prior adjusting entry prepared in the books | |
| C. | is required by GAAP | |
| D. | switches the debit and the credit of a previous entry |
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