Question: When is a reversing entry made? It is made on the first day of a new accounting period. It is made immediately after posting adjusting

When is a reversing entry made?
It is made on the first day of a new accounting period.
It is made immediately after posting adjusting entries and prior to preparing financial statements.
It is made prior to closing temporary accounts.
It is made on the last day of an accounting period before preparing the post-closing trial balance.
When is a reversing entry made? It is made on the

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