Discussion Post
a) Compare and contrast the different year-ends to sole-proprietorships, flow-through entities and C Corporations.
b) Explain when an expenditure should be "capitalized" based upon accounting principles. From time to time, it is suggested that all business expenditures should be deducted when incurred for tax purposes. Do you agree with this position? Explain your position.
The response must include a reference list. Using one-inch margins, double-space, Times New Roman 12 pnt font and APA style of writing and citations.