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i want the answers today please Answer the following questions 1) If a business had a net loss for the year, what would be the
i want the answers today please Answer the following questions 1) If a business had a net loss for the year, what would be the closing entry to close income summary and transfer the net loss to the capital account? Explain with example. 2) The statement of changes in financial position was designed to enable financial statement users to answer questions like these: a) Where did the profit go? b) What do you mean by dividend? Explain c) How was it possible to distribute dividends in the presence of a loss
i want the answers today please
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