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    Fundamental Accounting Principles
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    Exam 4: Organization and Operation of Corporations
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    The Main Differences Between Profit Reported by a Proprietorship and a Corporation
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The Main Differences Between Profit Reported by a Proprietorship and a Corporation

Question 109

Question 109

True/False

The main differences between profit reported by a proprietorship and a corporation are income tax expense and salaries paid to owners.

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