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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…

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