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Old 02-25-2008, 01:59 PM
rubyk1 rubyk1 is offline
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Join Date: Feb 2008
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Final Accounting for dissolving an S corporation

I am dissolving my s corporation. It is a very small entity, with 2 shareholders, each owning 50% of the stock. I am trying to complete the final accounting, financial statements and tax return, but I'm at the point where I'm quite stuck.
My balance sheet is showing only a tiny amount of cash in assets. Liabilities and equity consist of common stock, paid in capital, and negative retained earnings. How do I wind this up?
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