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Special journal entries Ease the burden of accounting for transactions in a later period Are the exact opposites of certain end-of - period adjustments Used with accrual-type adjustments Not required by GAAP Typical journal entry at of a period After posting, the accounts are updated Typical journal entry at of a period Normal adjusting entry to accrue Salary payable The reversing entry just reverses the debit and the credit and is dated the first day of the new period Notice that Salary expense account contains