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    brendgen's Avatar
    brendgen Posts: 1, Reputation: 1
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    #1

    Jan 15, 2007, 11:33 AM
    Accounting entry
    How do I account for a profit distribution?
    JGalt's Avatar
    JGalt Posts: 2, Reputation: 1
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    #2

    Jan 16, 2007, 02:47 PM
    Quote Originally Posted by brendgen
    how do i account for a profit distribution?
    Debit Retained Earnings, Credit Cash
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