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XACC 291 week 5 dq 1

Financial_Accounting_7e_Ch11.pdf

We are diving deeper and deeper into different areas of accounting.  Part of the objectives for this week is to focus on corporations.  To kick start the week answer the following:

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Why does a company choose to form as a corporation?

What are the steps required to become a corporation?

What are the advantages and disadvantages of the corporate form of doing business? 

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