The final closing entry for a proprietorship is: a. Owner, Withdrawals.............. XXX Owner, Capital............ XXX b. Owner,

The final closing entry for a proprietorship is:

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a. Owner, Withdrawals.............. XXX Owner, Capital............ XXX b. Owner, Capital............ XXX Owner, Withdrawals.......... XXX c. Sales Revenue....... XXX Income Summary. XXX d. Income Summary.. XXX Expenses..... XXX