Today's Market

updated 3 hours ago Sponsored by:
DOW 15,303.10 8.60 0.06%
S&P 500 1,649.60 -0.91 -0.06%
NASD 3,459.14 -0.28 -0.01%

Community: Investing Wiki

Term Of The Hour

reversing entries: Original post by Amanda Webster of Demand Media Is it essential that business accountants understand reversing entries in tax accounting. http://photos2.demandstudios.com/DM-Resize/photos.demandstudios.com/getty/article/178/96/87827129.jpg?w=700&h=700&keep_ratio=1 Jupiterimages/liquidlibrary/Getty Images “Reversing entries” is an accounting principle that is used to simplify…

Want to learn more or edit this definition?
Click here to read more!