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The Miranda warning
Accrued Wages
Refers to wages earned by employees but not yet paid by the employer.
Reversing Entry
An accounting entry that is made at the beginning of an accounting period to reverse or cancel out adjusting entries made at the end of the previous period.
Reversing Entries
Journal entries made at the beginning of an accounting period to reverse or cancel out adjusting entries made at the end of the previous period.
Adjusting Entries
Bookkeeping adjustments made before the preparation of financial statements to account for accruals and deferrals not recorded through daily transactions.
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