Describe the net effect of the four closing entries on the balance of the owners capital account.

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Describe the net effect of the four closing entries on the balance of the owner’s capital account. Where else is this same amount calculated?

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College Accounting

ISBN: 978-0538745192

20th Edition

Authors: Heintz and Parry

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Question Posted: Dec 20, 2011 09:52 AM

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Describe the net effect of the four closing entries on the balance of the owners capital account.

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