An income statement of a sole proprietorship and of a corporation are identical except for which line

Question:

An income statement of a sole proprietorship and of a corporation are identical except for which line item?

a. Revenue

b. Presentation of profit

c. Presentation of gains and losses

d. Income taxes

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...

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