Reversing entries for a manufacturing business are:

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Reversing entries are made for accrual adjustments, such as recognizing expenses or revenue that have been incurred but not yet recorded at the end of an accounting period. By reversing these entries at the beginning of the next accounting period, the accounting system starts off fresh and avoids duplication of entries. Reversing entries are typically made for items such as accrued expenses or revenues, prepaid expenses, and deferred revenues.

Reversing Entries for a Manufacturing Business Are