Reference no: EM132939917
Problem 1: The order of difficulty and expense, from most to least, when forming a business organization is as follows:
A. corporation, partnership, sole proprietorship.
B. corporation, sole proprietorship, partnership.
C. partnership, corporation, sole proprietorship.
D. sole proprietorship, partnership, corporation.
Problem 2: Which of the following accounts is not classified like the others?
A. Property Dividends Payable
B. Salaries Payable
C. Share Dividends Payable
D. Cash Dividends Payable
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