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Public The difference between Retail Account and Corporate Account Bizet GO Cloud have 2 type of Account, Retail Account and Corporate Account, here\'s the difference : 1. Retail Account : you only
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A corporate account is a financial statement that details the financial activities of a corporation.
Any corporation that operates as a separate legal entity is required to file a corporate account.
To fill out a corporate account, the corporation needs to compile financial information such as income, expenses, assets, and liabilities.
The purpose of a corporate account is to provide stakeholders such as investors, creditors, and regulators with an overview of the financial health and performance of the corporation.
Information such as income statement, balance sheet, cash flow statement, and notes to the financial statements must be reported on a corporate account.
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