Optional entries that transfer the balances in balance sheet accounts which arose as a result of certain
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Question:
Optional entries that transfer the balances in balance sheet accounts which arose as a result of certain adjusting entries to income statement accounts is the definition for which term below?
adjusting entries
reversing entries
closing entries
declarations of cash dividends
Expert Answer:
The detailed answer for the above question is provided below Correct answer B reversing ... View the full answer
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