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Morris Lest Recorded the Closing Entries for His Sole Proprietorship

Question 182

Multiple Choice

Morris Lest recorded the closing entries for his sole proprietorship.The entry to close the M.Lest,Drawings account requires a:


A) debit to M.Lest,Capital.
B) debit to M.Lest,Drawings.
C) debit to M.Lest,Retained Earnings.
D) credit to M.Lest,Capital.

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