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19) When operating as a proprietary business, which of the following is true? a) All...

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Accounting

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19) When operating as a proprietary business, which of the following is true? a) All debt in the business may or may not be the responsibility of the owner, depending on accounting policies b) All business debt is considered the owner's debt c) All business debt is not the responsibility of the owner because they are separate entities d) it is common practice to keep the business and personal records together because the owner and the business are considered as one

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