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16:39 Feb 1, 2020 |
Spanish to English translations [PRO] International Org/Dev/Coop / Organization Statement | |||||||
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| Selected response from: Muriel Vasconcellos United States Local time: 10:41 | ||||||
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Summary of answers provided | ||||
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2 | zero out |
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zero out Explanation: I think it's a reference to zeroing out the accounts at the end of project execution. -------------------------------------------------- Note added at 5 hrs (2020-02-01 22:15:15 GMT) -------------------------------------------------- Oops! I meant to include this reference. help.zolasuite.com › portal › articles › how-do-you-close-zero-out-ac... How do you close/zero out accounts at year end? In this article you will learn what journal entries are needed to close your books at year end. ... All Revenue and Expense accounts will need to be closed into Income Summary, then Income Summary closed into Retained Earnings. ... This Journal Entry will close/zero out the balances in all ... |
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