Accounting 101 with Jimmy Stewart

By James Stewart

What's Accounting 101 with Jimmy Stewart about?

Podcast by James Edward Stewart, CPA/ABV, CFE

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16 - Closing the Books at t...

02.02.2019

Example: You own a sole proprietorship. For this period, you had revenue of $100,000, wage expense of $40,000, and computer expense of $30,000 (net income of $30,000). You also contributed $10,000 to the business this period. Step 1 – Transfer ...

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