FUND. ACCOUNTING PRINCIPLES >CUSTOM<
FUND. ACCOUNTING PRINCIPLES >CUSTOM<
24th Edition
ISBN: 9781307417692
Author: Wild
Publisher: MCG/CREATE
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Chapter 13, Problem 1E
To determine

Characteristics of a Corporation:

A corporation is a legal entity, which is separate from its owners called stock-holders. The life of a corporation is unlimited as it has a separate legal entity. Stocks held by one person can be transferred to another, thus ownership is transferrable.

To Match:

Characteristics of a corporation.

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Chapter 13 Solutions

FUND. ACCOUNTING PRINCIPLES >CUSTOM<

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