What are reversing entries and why are they required?

6 answers

http://www.cliffsnotes.com/study_guide/Reversing-Entries.topicArticleId-21081,articleId-21029.html
Thank you that helped in many ways. I have been taking this accounting class for about 3 weeks now and I feel like I am getting no where.
You're welcome.

If you're having trouble understanding your Axia materials, try Googling some of the concepts in the questions.
I have and didn't find anything. I am not real good on the computer much so learning two things at once can get to someone. SMILES I must go on and keep trying though.
:-) Good luck!
This library's website can help you a great deal as you learn how to make search engines work for you:
http://hanlib.sou.edu/searchtools/

Especially this link:
http://hanlib.sou.edu/searchtools/searchtips.html