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    Business
  3. Study Set
    Fundamental Financial Accounting Concepts
  4. Exam
    Exam 11: Proprietorships,partnerships,and Corporations
  5. Question
    Proprietorships Are Not Separate Legal Entities;their Earnings Are Taxable to the Owners
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Proprietorships Are Not Separate Legal Entities;their Earnings Are Taxable to the Owners

Question 15

Question 15

True/False

Proprietorships are not separate legal entities;their earnings are taxable to the owners and not to the business itself.

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