Business closed 2013
Assets are 3,000 of accumulated misc. items i.e. curtains, small appliances, etc. which are kept for personal use or abandoned due to no worth. There is $700 of accumulated depreciation also.
Liabilities are loans from shareholders and pennies in taxes accounts.
Equity is Member Draw, Member equity & Net Income.

I don't know how to handle these entries and zero out accounts (1st time business, it's a LLC).
Thank you, Leah-Marina

If you have assets worth of $3k with accumulated depreciation and you're scraping them, below is an entry:

DR Acc Depr. $700
DR Loss on disposal $2,300
CR Asset $3000