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QUESTION
The goal of closing entries does NOT include:(PLEASE PROVIDE DETAIL WITH RESPONSE) A. to update the Capital account balance. to clear the Withdrawals...
The goal of closing entries does NOT include:(PLEASE PROVIDE DETAIL WITH RESPONSE)
A.
to update the Capital account balance.
B.
to clear the Withdrawals account.
C.
to clear revenue and expense accounts.
D.
to adjust assets and liability accounts to their beginning balances.
