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-   -   The Sale of 100% of a company, retained earnings starts over, journal entries? (https://www.askmehelpdesk.com/showthread.php?t=642225)

  • Mar 9, 2012, 01:00 PM
    steveloy
    The Sale of 100% of a company, retained earnings starts over, journal entries?
    Company A sells itself to company B, it is an LLC. It sells 100% of its memebership interest. What happens to retained earnings? What are the journal Entries?

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