Ms s is the sole shareholder and chief executive officer, Accounting Basics

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Ms s is the sole shareholder and chief executive officer

Ms. S is the sole shareholder and chief executive officer of SMJ Corporation. Ms. S's college roommate recently lost her job, is in financial difficulty, and has asked Ms. S for a loan. Instead of a loan, Ms. S offered the roommate a job with SMJ at a $35,000 annual salary

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