What account type should I choose for the new retained earnings account when executing the improved closing entry?

It would have helped had you put that question in context and said it was a QuickBooks thing. There is no "improved" closing in accounting itself - that's an 'improvement" in a piece of software.

Also, does the National Association of Certified Public Bookkeepers want you to go out and ask other people the answers to the proficiency test? Or perhaps are you supposed to know how to do it on your own?

It would have helped had you put that question in context and said it was a QuickBooks thing. There is no "improved" closing in accounting itself - that's an 'improvement" in a piece of software.

Also, does the National Association of Certified Public Bookkeepers want you to go out and ask other people the answers to the proficiency test? Or perhaps are you supposed to know how to do it on your own?

Sorry, I am new at this and the guestion threw me off with the word improved on it. That was why I asked the question. I wanted an explanation on it was all. Still got a lot to learn I can tell

That question is straight off the proficiency test, not from you. That was part of the point I was trying to make. Are you supposed to be asking other people stuff from the porficiency test?

That question is straight off the proficiency test, not from you. That was part of the point I was trying to make. Are you supposed to be asking other people stuff from the porficiency test?

It was from some test I found through bookkeeping papers that was given to me as info on being a free lance bookkeeper and I was trying to do it myself and like I said I did not understand the question. That is why I asked it. Did not realize it was going to cause quite a commotion. I thought that was the purpose of this site to ask if you did not know. I am doing it for my own self not for employment. Sorry now that I even tried to find out about the question, again it was something I did not understand so I thought why not look it up and find something to explain it.

It only "caused a commotion" because I found it on a proficiency test and if you were taking something like that "for real," then it isn't something you should have been asking. People assume they can ask anything they want, but certain things are inappropriate to ask and then get upset when we don't answer them.

I only re-stated it because you never really answered me the first time.

Now that we know it's Quickbooks, and now that we know you're just trying the test for your own sake -- someone else may have to pick up from here. Closing is closing, and retained earnings has always been equity, so an "improvement" has to be specific to the software.