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Home Q & A Board Other Fields Homework Help Business Accounting
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majestico majestico
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Posts: 1455
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6 years ago
Closing entries will:
A) decrease the Cash balance.
B) either increase or decrease Owner's Capital.
C) not affect the Owner's Capital balance.
D) increase the Owner's Capital.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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keytwokeytwo
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#1
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6 years ago
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majestico Author
wrote...
#2
6 years ago
Yeah, makes a lot more sense. Appreciate this quite a lot
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