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Explain what are the benifits of using reversing entries?

Write a 300 word paragraph answering the following questions: This paper should be in essay format. You should include an introduction and conclusion. The body of the paper should accurately and completely answer the following questions.

What are the benifits of using reversing entries?
What may be some disadvantages of using reversing entries?
Provide some examples/scenarios where reversing entries are/may be used?
Why are reversing entries optional?
Format your paragraph consistent with APA guidelines – REFER TO THE ATTACHED GRADING


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