Which of the following statements regarding various entities is true? A. A business entity with...
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Accounting
Which of the following statements regarding various entities is true? A. A business entity with only one owner is classified as a corporation or is disregarded B. A disadvantage of a pass-through entity is doubled taxation. C. By default an eligible entity that has a single member will be treated as a limited partnership. D. Partnerships are taxpaying entities ,because tax attributes pass through to the individual partners.
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