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Compare the characteristics of a general partnership, limited partnership, regular C corporation, subchapter S corporation,...

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Accounting

Compare the characteristics of a general partnership, limited partnership, regular C corporation, subchapter S corporation, and limited liability company on the issues of: (1) formation (what documents are needed to create each); (2) liability; and (3) taxation. What are retained earnings? How are they treated tax-wise? What types of business organization(s) can utilized the financial planning tool of retained earnings?

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