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Posted by goditac499 on February 23, 2025 at 5:47am 0 Comments 0 Likes
Posted by Micheal Jorden on February 23, 2025 at 5:41am 0 Comments 0 Likes
Quickbooks Closing entries are entries made at the end of the fiscal year to transfer the balance from the Income and Expense accounts to Retained Earnings. The goal is to zero out your Income and Expense accounts, then add your fiscal year's net income to Retained Earnings.
https://www.qasolved.com/quickbooks-closing-entries/
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