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H3Ko H3Ko
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7 years ago
Which of the following statements is true of a sole proprietorship?
A) A sole proprietorship has to pay business income taxes.
B) A sole proprietorship joins two or more individuals as co-owners.
C) The sole proprietor is personally liable for the liabilities of the business.
D) A sole proprietorship is taxed separately from the owner.
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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.unplugged..unplugged.
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H3Ko Author
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#2
7 years ago
I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right
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