Reversing entries are Optional Made prior to preparing a post - closing trial balance Required by generally accepted accounting principles Made to record a change in corporate objectives
Reversing entries are Optional Made prior to preparing a post - closing trial balance Required by generally accepted accounting principles Made to record a change in corporate objectives
Auditing: A Risk Based-Approach to Conducting a Quality Audit
10th Edition
ISBN:9781305080577
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter17: Other Services Provided By Audit Firms
Section: Chapter Questions
Problem 19MCQ
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Reversing entries are
Optional
Made prior to preparing a post - closing trial balance
Required by generally accepted accounting principles
Made to record a change in corporate objectives
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