C-Corporations and S-Corporations

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 1. Class, thoughts on the key differences between C-Corporations and S-Corporations, and the tax
advantages that S-Corporation offer that are unavailable through C-Corporations? 2. Class, please discuss what accrual accounting is and create a specific example that illustrates how an accrual affects both the income statement and the balance sheet.

 
 
 
 
    • 9 years ago
    C-Corporations and S-Corporations
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