What is reversing journal entries?


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pls can any body give me detail journal entries for stock of amanufaturing company?

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example wrongly financial statments showing vat refund (under Advances) for the finanical year 08-09 , but present assement year after assement by cto given vat refund more than ledger showing balance then decided to every month set off vat payable to vat refund(advance) but more than recoverd compare with company and cto then what is the entry to be take.

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how will be the entry of outstanding salaries in receipt & payment account, income & expenditure & balance sheet

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