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What is the QuickBooks Closing Entries?

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monika kumari
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What is the QuickBooks Closing Entries?

QuickBooks Closing Entries creates the end of the budgeting year to transfer the balance from the income and expense accounts to retained the Earnings. the main goal to zero out your income and expense accounts, then you have added the fiscal year's net incomes to Retained Earnings.

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monika kumari