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Close opening balance equity to retained earnings

Close opening balance equity to retained earnings: QuickBooks: Setting up a Company File In Depth
Close opening balance equity to retained earnings: QuickBooks: Setting up a Company File In Depth

This movie describes how to find the opening balance equity account balance as of the company start date. It also describes how to record a general journal entry to close the Opening Balance Equity to Retained Earnings or the appropriate equity account for your type of business.

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Skill Level Appropriate for all
1h 46m
Duration
80,806
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Skills covered in this course
Business Accounting Finance Home + Small Office QuickBooks

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