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    chungvy's Avatar
    chungvy Posts: 1, Reputation: 1
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    #1

    Nov 29, 2009, 11:57 PM
    S a corporation a separate entity for legal and accounting purposes?
    S a corporation a separate entity for legal and accounting purposes?
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Nov 30, 2009, 03:02 AM

    A corporation is a separate entity for legal and tax purposes.

    ALL companies are separate entities for accounting purposes: business entity concept.
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