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voxitmarketing
June 4, 2020
Question

How should i transfered profit/loss into balance sheet.

  • June 4, 2020
  • 1 reply
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1 reply

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IntuitArun
June 4, 2020

Hi voxitmarketing, thanks for reaching out. QuickBooks Online automatically transfers your profit (or loss) to Retained earnings at the end of each financial year. Retained earnings tracks net income or loss from previous financial years.

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