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After closing entries are posted, the balance in the Owner's Capital account in the ledger will be equal to Select one: A . the profit
After closing entries are posted, the balance in the Owner's Capital account in the ledger will be equal to
Select one:
A
the profit or loss for the period.
B
zero.
C
the beginning Owner's Capital reported on the statement of owner's equity.
D
the amount of the Owner's Capital reported on the balance sheet.
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