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Closing Journal
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How to Prepare Closing Entries
4:20
YouTubeWild Accounting
How to Prepare Closing Entries
In this video, we explain prepare closing entries (for corporations). We define permanent and temporary accounts. We follow an example referring to accounts and the trial balance, general journal and related t-accounts. Jonathan M. Wild www.WildAccounting.com #accounting #accountingbasics #accountingequation #accountingstudent #financialaccounting
33.2K viewsMay 19, 2022
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