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Q1. The form of business organization that enables limited owner Laibility is: A. Sole proprietorship B. Partnership c. Business entity D. Corporation Q2. Classify the

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Q1. The form of business organization that enables limited owner Laibility is: A. Sole proprietorship B. Partnership c. Business entity D. Corporation Q2. Classify the below given items according to their financial Statements(3pts) A. Income Equity B. Statement of changes in C. Balance sheet For Ex: Equipment: Balance sheet A. Supplies B. Utilities Expense c. Notes Payable D. Account Receivable E. Withdrawals F. Profit G. Rent Revenue

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