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    Fundamental Accounting Principles Study Set 3
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    Exam 13: Organization and Operation of Corporations
  5. Question
    The Main Differences Between Net Income Reported by a Proprietorship
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The Main Differences Between Net Income Reported by a Proprietorship

Question 17

Question 17

True/False

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

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