Question and answer
In the general journal, reversing entries are dated as of: the last day of the old fiscal period the first day of the new fiscal period any day during the month of the new
fiscal period any time before the end of the fiscal period
Reversing entries are made on the first day of an accounting period in order to remove certain adjusting entries made in the previous accounting period. [ [ Reversing entries are used in order to avoid the double counting of revenues or expenses and to allow for the efficient processing of documents. Reversing entries are most often used with accrual-type adjusting entries. ] ]
Expert answered|chantalle25|Points 84|
Question
Asked 9/9/2012 10:50:39 PM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
I'm the obligor in a Child Support case,after the payment agreements,and paternity test proving it was mine,I got the military to deduct my payments to the mother,but forgot to sign the payment agreement for the social workers,and a social worker is looking for me, why?
Weegy: Being a responsible father does not need to involve another party, if giving child support to your children is the only thing you do, why not do it your self..? (More)
Question
Expert Answered
Asked 9/2/2012 10:01:46 PM
0 Answers/Comments
I'm the obligor in a Child Support case,after the payment agreements,and paternity test proving it was mine,I got the military to deduct my payments to the mother,but forgot to sign the payment agreement for the social workers,and a social worker is looking for me, why?
Weegy: If you did not sign the official paperwork that is submitted to the courts then there may be a break down in communication. [ The social worker may not know that you have made special arrangements or any other changes made as far as making payments for your child support obligations. ] (More)
Question
Expert Answered
Asked 9/2/2012 10:00:04 PM
0 Answers/Comments
Net price times single equivalent discount rate equals amount of trade discount. True False
Weegy: The answer is false. (More)
Question
Expert Answered
Asked 9/8/2012 2:51:18 AM
0 Answers/Comments
A percent is the result of a number being expressed as a fraction of 100. True False
Weegy: True, A percent is the result of a number being expressed as a fraction of 100. (More)
Question
Expert Answered
Asked 9/8/2012 2:54:05 AM
0 Answers/Comments
20,599,288 questions answered
Popular Conversations
Simplify 5x + 4x + 1. User: Simplify -3 xy3 + 7 xy3 + (- xy3 ) + (-3 ...
Weegy: Simplifying 6x2 + -17x + 5 = (3x + -1)(2x + -5) Reorder the terms: 5 + -17x + 6x2 = (3x + -1)(2x + -5) Reorder ...
4/26/2015 5:05:02 PM| 3 Answers
What is shutter speed?
4/27/2015 11:20:00 AM| 3 Answers
The Indo-European languages are believed to have originated ...
Weegy: Indo-European languages originated 7,800 to 9,800 years ago in Anatolia present day Turkey. [ The Indo-European ...
4/26/2015 10:36:09 AM| 2 Answers
A line passes through the points (-10,4) and (-1,2). What is the ...
Weegy: A line passes through the points and (-10, 4) and (-1, 2) The slope of the line that passes through the two ...
4/26/2015 4:05:37 PM| 2 Answers
Simplify 8(3 - 2x).
Weegy: 8(3 - 2x) = 8*3 - 8*2x = 24 - 16x User: Simplify 81.56 + n - 2.55. Weegy: 81.56 + n - 2.55 = 79.01 + n ...
4/26/2015 4:58:32 PM| 2 Answers
A real number is irrational. a. always c. never b. sometimes User: ...
Weegy: 2(4 - 2x + y) - 4(5 + x - y) = 8 - 4x + 2y - 20 - 4x + 4y; = -8x + 6y - 12 User: Every integer is a whole ...
4/26/2015 8:11:55 PM| 2 Answers
One of Teddy Roosevelt's favorite sayings was " softly and carry a ...
Weegy: Theodore Roosevelt's favorite saying is: Do what you can, with what you have, where you are.
4/26/2015 10:30:33 PM| 2 Answers
Weegy Stuff
S
L
Points 712 [Total 2289]| Ratings 1| Comments 702| Invitations 0|Offline
S
L
Points 633 [Total 1200]| Ratings 2| Comments 613| Invitations 0|Offline
S
P
C
L
P
L
1
P
P
1
Points 460 [Total 8337]| Ratings 3| Comments 430| Invitations 0|Offline
S
Points 460 [Total 460]| Ratings 1| Comments 450| Invitations 0|Offline
S
Points 247 [Total 247]| Ratings 2| Comments 227| Invitations 0|Offline
S
Points 226 [Total 226]| Ratings 2| Comments 206| Invitations 0|Offline
S
1
L
L
Points 189 [Total 8183]| Ratings 0| Comments 189| Invitations 0|Offline
S
L
1
R
Points 138 [Total 1210]| Ratings 2| Comments 118| Invitations 0|Offline
S
L
Points 125 [Total 3728]| Ratings 0| Comments 125| Invitations 0|Offline
S
1
L
1
Points 43 [Total 3484]| Ratings 1| Comments 33| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.