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BE13.2 (LO 1) At December 31, Ortiz Corporation reports net income of $480,000. Prepare the entry to close net income. BE13.2 (LO 1) At December

BE13.2 (LO 1) At December 31, Ortiz Corporation reports net income of $480,000. Prepare the entry to close net income.

BE13.2 (LO 1) At December 31, Ortiz Corporation reports net income of $480,000. Prepare the entry to close net income. BE13.3 (LO 2) On May 10, Jack Corporation issues 2,000 shares of $10 par value common stock for

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