Multiple Choice
How many of these are areas where there are major differences in accounting treatment by sole traders and partnerships and accounting treatment by companies?
Distributions to owners
Accumulation of profits
Accounting for income tax
Accounting for equity
Accounting for GST
Accounting for inventory
A) 3
B) 4
C) 5
D) 6
Correct Answer:

Verified
Correct Answer:
Verified
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