A Reversing Entry Is ________

question 147

Multiple Choice

A reversing entry is ________.

• A) a journal entry used to close the temporary accounts after preparation of financial statements
• B) a special journal entry used to make the adjustments that took place after preparing the trial balance
• C) a special journal entry that eases the burden of accounting for transactions in the next period
• D) a journal entry prepared at the end of an accounting period to match assets with liabilities

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Definitions:

Psychological Abnormality

involves patterns of thought, emotion, or behavior that are deviant, distressing, and dysfunctional, and diverge significantly from societal norms.

Subculture Of Violence Theory

posits that violence is a norm and an acceptable behavior within certain groups or communities, often as a result of societal, economic, and cultural factors.

Interpersonal Problems

refer to difficulties or conflicts occurring in interactions between two or more people, affecting relationships in various contexts.

Juvenile Killings

Acts of murder committed by individuals who are legally considered minors or juveniles.