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Which of the following is correct regarding reporting and taxable entities? a. An individual...

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Accounting

Which of the following is correct regarding reporting and taxable entities?
a. An individual is a reporting entity but not a taxable entity.
b. A corporation is a reporting entity but not a taxable entity.
c. A partnership is a reporting entity but not a taxable entity.
d. A partnership is a taxable entity and a reporting entity.

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