Question
TRUE OR FALSE? Two benefits ofstarting a business as a sole proprietorship are: (1) Its income is taxed as part of the owner's personal income
TRUE OR FALSE?
Two benefits ofstarting a business as a sole proprietorship are: (1) Its income is taxed as part of the owner's personal income instead of being subject to corporate taxation and (2) formation is generally inexpensive and easy to do.
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Managerial Accounting
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
12th Edition
978-0073526706, 9780073526706
