The reversal of the prior fiscal year accruals in the thirteenth financial accounting period is necessary to prevent the misstatement of the current fiscal year financial data. Asset and liability entries must be reversed with an offsetting entry to the appropriate revenue or expenditure accounts.he reversal of the prior fiscal year accruals in the thirteenth financial accounting period is necessary to prevent the misstatement of the current fiscal year financial data. Asset and liability entries must be reversed with an offsetting entry to the appropriate revenue or expenditure accounts.
Disc desiccation is an extremely common degenerative change of intervertebral discs. The incidence climbs with age, and to a large degree a gradual desiccation is a 'normal' part of disc aging. It results from replacement of the hydrophilic glycosaminoglycans within the nucleus polposus with fibrocartilage.isc desiccation is an extremely common degenerative change of intervertebral discs. The incidence climbs with age, and to a large degree a gradual desiccation is a 'normal' part of disc aging. It results from replacement of the hydrophilic glycosaminoglycans within the nucleus polposus with fibrocartilage.
A disclaiming heir or devisee has ultimate control as to how the property is to be distributed. The term transferee includes an heir, legatee, devisee, and distributee of an estate of a deceased person and a donee of any gift. In contrast, a disclaiming heir or devisee does not restore the status quo, for the decedent cannot be revived.