How would I journalize the closing entry with accounts that pertain to the corporate form of business organization, focusing on sole proprietorships…. | Cheap Nursing Papers
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How would I journalize the closing entry with accounts that pertain to the corporate form of business organization, focusing on sole proprietorships….

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How would I journalize the closing entry with accounts that pertain to the corporate form of business organization, focusing on sole proprietorships. The equity accounts are focusing on capital and withdrawals.

Dec.31: A business has a net income of $20,000.

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