Which of the following entities is the owners basis, Accounting Basics

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Which of the following entities is the owners basis

Which of the following entities is the owner's basis increased by the owner's share of profits and decreased by the owner's share of losses, but is not affected by the entity's bank loan increases or decreases?

a. S corporation
b. C corporation
c. Partnership
d. Limited liability company

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Accounting Basics: Which of the following entities is the owners basis

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Accounting Basics: Which of the following entities is the owners basis

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