The worksheet for adams company shows the following in the
The worksheet for Adams Company shows the following in the financial statement columns.
J.Q.Adams, Drawing.... $22,000J.Q.Adams, Capital.... 70,000Net income....... 29,000
Prepare the closing entries at December 31 that affect owner's capital.
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the worksheet for adams company shows the following in the financial statement columnsjqadams drawing22000jqadams
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