Inigo Company prepared the following adjusting entries at year end on December 31, 2018: 
In an effort to minimize errors in recording transactions, Inigo Company utilizes reversing entries. Prepare reversing entries on January 1, 2019.
Definitions:
Interest Rates
The cost of borrowing money, expressed as a percentage of the amount borrowed, charged by lenders to borrowers for the use of their funds.
Future Income
The expected revenue or earnings generated by investments, work, or financial strategies over an upcoming period.
Stock Market
A public market for buying and selling equity securities and derivatives, where companies can raise capital and investors can trade shares.
Capital Gains
The profit earned from the sale of an asset, such as stock or real estate, which has increased in value over the time it was held.
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