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Proprietorship

What is the Usefulness of Accounting for Sole Proprietorship?
Accounting

What is the Usefulness of Accounting for Sole Proprietorship?

The accounting for a sole proprietorship does not require a separate set of accounting records, since the owner is considered to be inseparable from the…
What are the Advantages and Disadvantages of Sole Proprietorship?
Accounting

What are the Advantages and Disadvantages of Sole Proprietorship?

A sole proprietorship is a business that is directly owned by a single individual. It is not incorporated, so that the sole owner is entitled…
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