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Profits or losses are recorded in a share capital account. O TRUE O FALSE The main differences between profit reported by a proprietorship and
Profits or losses are recorded in a share capital account. O TRUE O FALSE The main differences between profit reported by a proprietorship and a corporation are income tax expense and salaries paid to owners. O TRUE O FALSE 1 point 1 point
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International Accounting
Authors: Timothy Doupnik, Hector Perera
3rd Edition
978-0078110955, 0078110955
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