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April 19, 2014

Homework Help: college bookkeeping

Posted by salsa:) on Monday, November 19, 2012 at 10:39pm.

you would transfer the net profit for a period to?
a. an asset account
b. a liability account
c. an owner's equity account
d. to the general ledger
I am stumped!! seems to me it could be a or c????

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