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victoriah1956
Level 4

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BigRed,   my Retained Earnings account is missing?  I came across an answer from you from 2020, I believe...

"Assuming you are a sole proprietor or a partnership, each year you should use a journal entry to move RE to owner equity.

debit RE and credit owner equity"

I believe my RE account is actually my Owner's Equity Acct. I run the reports to show new balances, etc and NO Retained Earnings at all.   

Should I then just leave the OE balance at year end?

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