Reversing entries (Accounts)

Sirf aun adjusting entries ki reversing entries bunti hain...

1. Gin k debit main prepaid expense ya unexpired expense ho.

Example

Adjusting entry. 
Prepaid Rent 200 Dr
Rent expense 200 Cr

Reversing Entries
Rent Expense 200 Dr
Prepaid Rent 200 Cr

2. Gin k debit main income receivable ho.

Example

Adjusting Entry
Commission receivable 400 Dr
Commission income 400 Cr

Reversing Entry
Commission income 400 Dr
Commission receivable 400 Cr

3. Gin adjusting entries k credit main accrued / payable / outstanding expense hon.

Adjusting Entry
Salary expense 500 Dr
Salary payable 500 Cr

Reversing Entry
Salary payable 500 Dr
Salary Expense 500 Cr

4. Gin adjusting Entries k credit main unearned income ho.

Adjusting Entry
Service income 700 Dr
Unearned service income 700 Cr

Reversing Entry
Unearned service income 700 Dr
Service income 700 Cr