by mimi82 on February 9th, 2009

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Describe the net effect of the four closing entries on the balance of the owner's capital account.

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by Anonymous on February 9th, 2009
Well revenues increase it, and expenses decrease it. If you remind me what the other two were i can tell you exactly
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Effect of the closing entry

What are the effects of the 4 closing entries on the balance of the owner s capital

What are the four closing entries

List and describe the four closing entries

Net effect entries

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Describe the net effect of the four closing entries on the balance of the owner's capital account.

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Describe the net effect of the four closing entries on the balance of the owner's capital account.

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