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Author Question: The body of the income statement consists of an itemized list of a. assets and liabilities. b. ... (Read 31 times)

moongchi

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The body of the income statement consists of an itemized list of
 a. assets and liabilities.
   b. assets and owner's equity.
   c. cash and revenues.
   d. revenues and expenses.

Question 2

Which of these businesses pays federal income taxes on its income?
 
  A) corporation
  B) partnership
  C) sole proprietorship
  D) Two of these are correct.



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firehawk60

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Answer to Question 1

d

Answer to Question 2

A




moongchi

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Reply 2 on: Jul 5, 2018
Excellent


strudel15

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Reply 3 on: Yesterday
:D TYSM

 

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