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Re: Locksmith post# 102081

Friday, 08/18/2017 10:46:49 AM

Friday, August 18, 2017 10:46:49 AM

Post# of 111920
Something else would have needed to change if that were the case. If you remove expenses from the income statement, then retained earnings or some balance sheet account would have to change as well to balance. It doesn't appear anything else changed which is why it's confusing.