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Case EX 14-2 Joe works as the manager of an auto repair shop. To help him with his work, Joe has created a macro for creating a table with a set number of columns. He needs to regularly create these tables in his worksheets. Due to some changes in the information that needs to be entered into the worksheet, Joe realizes that he needs to add another column to the table being created by the macro. To make this change, Joe would need to edit the ____ of the macro.
Personal/Rental Property
Property owned by an individual that may be used for personal enjoyment or rented out to generate income.
Flow-Through Entities
Business entities that pass income directly to owners or investors, avoiding corporate income tax.
LLCs
Limited Liability Companies, a flexible form of enterprise that blends elements of partnership and corporate structures.
S Corporations
A type of corporation that meets specific IRS requirements, allowing income and losses to be passed through to shareholders and taxed at individual rates.
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