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Mike Homes is a business owned by Mike Smith. The accounting for this business is done by Mike's sister Leigh. Leigh is currently preparing the

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Mike Homes is a business owned by Mike Smith. The accounting for this business is done by Mike's sister Leigh. Leigh is currently preparing the 2021 year-end financial statements which Mike will use to submit with his tax returns. The tax department will use the financial statements in deciding if the business is respecting tax laws. Select one: O True O False

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