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The statement of owner's equity beg ins with the beginning balance followed by e adding net income less withdrawals adding net income plus investments adding
The statement of owner's equity beg ins with the beginning balance followed by e adding net income less withdrawals adding net income plus investments adding investments less withdrawals adding investments plus net income less withdrawals Question 4 Closing entries s need not be journalized if adjusting entries are prepared need not be posted if the financial statements are prepared from the work sheet are not needed if adjusting entries are prepared must be journalized and posted
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