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I am confused about the concept of an accounting entity compared to a legal entity. Is MicroSystems a separate accounting entity, legal entity, both, or
I am confused about the concept of an accounting entity compared to a legal entity. Is MicroSystems a separate accounting entity, legal entity, both, or neither? Please explain!" Select one: O a. 'David Smith' and 'MicroSystems' are separate accounting entities but the same legal entity. b. 'David Smith' and 'MicroSystems' are the same accounting entity and the same legal entity. c. 'David Smith' and 'MicroSystems' are the same accounting entity but separate legal entities. d. 'David Smith' and 'MicroSystems' are separate accounting entities and separate legal entities. Clear my choice
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