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Mathematics 4 Online
OpenStudy (anonymous):

need help with accounting problem please closing entries (net income) closing entry T account capital closing $800 balance $8000 closing $1760 balance ?? thanks in advance brain froze on this :)

OpenStudy (anonymous):

1,760•8,000/800=$17,600

OpenStudy (anonymous):

thats what i had put into my example page also 1760 which was the income summary so will have to think harder i guess unless mistake in example

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