Which of the following business entities is not required to prepare a tax return?
A) a partnership
B) a trust
C) a sole trader
D) a company
Correct Answer:
Verified
Q32: Which financial statement must be prepared before
Q33: Dividends paid:
A)increase assets.
B)increase expenses.
C)decrease income.
D)decrease retained earnings.
Q34: A discretionary trust is
A)a trust which holds
Q35: The difference between the financial statements of
Q36: An advantage of a private company becoming
Q38: Which of the following statements is not
Q39: ABC Restaurant Pty Ltd started the year
Q40: Which of these is true for a
Q41: The _ of a discretionary trust must
Q42: A major (advantage/disadvantage)_ of a company is
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