Reversing Entries - since the reverse entry was made it...

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Debit Credit Adjusting Entry Oct-31 Salaries Payable 1,400 Salaries Expense 1,400 Reversing Entry Nov-01 Salaries Expense 1,400 Salaries Payable 1,400 The accounts should zero out after the reversing entry is made. The adjusting entry made the books uneven and
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Unformatted text preview: since the reverse entry was made it allows the books to turn into zeros. Then it will start again afterwards....
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