) The items that follow appeared in the Income Statement columns of the work sheet prepared for a sole proprietorship at year-end, December 31, 2015. Also, the owner's withdrawals account was debited for $12,000 during the year.
Prepare the necessary closing entries at December 31.
Definitions:
Organizational Strategy
A plan that outlines how a company will allocate its resources to achieve its long-term goals and objectives.
Workforce Planning Information Technology
The use of information technology tools and systems to forecast, plan, and manage the needs of the workforce effectively.
Radical Feminists
Advocates for a version of feminism that seeks to challenge and overhaul societal norms and institutions perceived as fundamentally oppressive to women.
NOW
National Organization for Women, a feminist organization founded in 1966 aimed at advocating for equal rights for women.
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