Reversing Items

 Reversing Items Essay

Reversing Entries

Patricia Fardellone



Rich Brogan

Reversing Entries

Reversing articles is a log entry produced during an accounting period, which would reverse particular entries which were made in the immediately preceding accounting period (Dictionary, (2015). These are actually done at the start of a credit reporting period. Treating entries are being used in order to avoid dual counting of revenue or perhaps expenses. Curing entries usually are used in accrual type modifying entries. The reversing entries have very good aspects and a few bad factors. One of the rewards to reversing entries should be to prevent copying of profits or expenses this would provide a more accurate account. Another advantage would be that the process is not hard and that anyone could do it even if they cannot have virtually any accounting knowledge. The treating entries likewise have bad factors one of these will be causing anybody extra job. Also sometimes you do not have the best information which usually would make the report incorrect. If you are using accrual accounting you will have to make a number of adjustments towards the end of the period. Reversing articles are optional because it is an optional treatment that several accountants use in order to make the record keeping easier. It is just a means to undo an changing entry (Carson, A W. Journal of Accountancy (pre-1986)


A system for reducing year-end work simply by combining adjusting, closing, treating entries Carson, A N. Journal of Accountancy (pre-1986)93. 000004 (Apr 1952): 426. Dictionary.  (2015).  Retrieved by Kimmel, P. G., Weygandt, L. J., & Kieso, G. E. (2011). Financial accounting: Tools for business decision making (6th ed. ). Hoboken, NJ-NEW JERSEY: John Wiley & Sons.

References: A method for lowering year-end operate by incorporating adjusting, closing, reversing articles

Carson, A M. Journal of Accountancy (pre-1986)93. 000004 (Apr 1952): 426.

Dictionary.  (2015).  Retrieved from

Kimmel, G. D., Weygandt, J. J., & Kieso, D. At the. (2011). Monetary accounting: Tools for

business making decisions (6th education. ). Hoboken, NJ: Ruben Wiley & Sons.

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