Match each of the following forms of business organization with a set of characteristics: sole proprietorship (SP),

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Match each of the following forms of business organization with a set of characteristics:

sole proprietorship (SP), partnership (P), corporation (C). (LO 3)

(a) _____ Shared control, tax advantages, increased skills and resources.

(b) _____ Simple to set up and maintains control with owner.

(c) _____ Easier to transfer ownership and raise funds, no personal liability.

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Financial Accounting

ISBN: 9781118953907

8th Edition

Authors: Paul D Kimmel, Jerry J Weygandt, Donald E Kieso

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Question Posted: Jul 05, 2024 10:06 AM

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Match each of the following forms of business organization with a set of characteristics: sole proprietorship (SP),

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Financial Accounting

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