Accounting Textbooks Boundless Accounting Accounting Information and the Accounting Cycle The Accounting Cycle
Accounting Textbooks Boundless Accounting Accounting Information and the Accounting Cycle
Accounting Textbooks Boundless Accounting
Accounting Textbooks
Accounting
Concept Version 11
Created by Boundless

Reversing Entries

The General Ledger

The General Ledger

Reversing entries prevent double recording expenses or revenues.

Source

    Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:

    "All sizes | y2cary3n6mng-vjl146-journals-to-general-ledger (2) | Flickr - Photo Sharing!."
    http://www.flickr.com/photos/sampjb/7690686912/sizes/l/ Flickr CC BY.

Related Terms

  • debit
  • credit