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Personal Income Tax Payments Made by the Veterinary Hospital on Behalf

Question 83

Multiple Choice

Personal income tax payments made by the veterinary hospital on behalf of the practice owner (sole proprietor) would be recorded in which of the following accounts, according to The American Animal Hospital Association's (AAHA) chart of accounts?


A) Withdrawals
B) Capital
C) Retained earnings
D) FICA taxes payable

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