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Intermediate accounting, tenth canadian edition chapter 15 shareholders equity solutions to brief exercises brief exercise 15 1 of the three primary forms of business organizationthe proprietorship, the partnership, and the corporationthe most common form of business is the corporate form. Treasury shares is a contra equity account and cash is an asset. This measure uses only current salary levels and includes only vested benefits. Test bank for intermediate accounting, fourteenth edition 15 2 multiple choice conceptual cont.
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