Explain in your own words who pays lower tax rates and why - the individual or the corporation. Your answer As per accru

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Explain In Your Own Words Who Pays Lower Tax Rates And Why The Individual Or The Corporation Your Answer As Per Accru 1 (97.52 KiB) Viewed 40 times

Explain in your own words who pays lower tax rates and why - the individual or the corporation. Your answer As per accrual basis, if an expense is not recorded, what is the impact on the financial statement. (as per notes) Your answer Rent is 500, Salary is 8,000, Loan is 1,000, Cash is 2,000 and Sales is 10,000. What is the Profit? Your answer 4 The assets of a business total $20,000; the liabilities, $8,000. Revenue is $6,000, Wages is $1,000, Rent is $2,000. The claims of the owners are