Question
Net income of a corporation should be closed to retained earnings and net losses should be closed to paid-in capital accounts. Select one: a. FALSE
Net income of a corporation should be closed to retained earnings and net losses should be closed to paid-in capital accounts. Select one: a. FALSE b. TRUE
I want the answer as soon as possible thx you
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Financial Accounting Longman Modular Texts In Business And Economics
Authors: Christopher Waterston, Anne Britton
2nd Edition
058238169X, 978-0582381698
