Differences between c-corporations and s-corporations

Reference no: EM13786006

1. Class, thoughts on the key differences between C-Corporations and S-Corporations, and the tax advantages that S-Corporation offer that are unavailable through C-Corporations?

2. Class, please discuss what accrual accounting is and create a specific example that illustrates how an accrual affects both the income statement and the balance sheet.

Reference no: EM13786006

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