Aaliyah is a sole proprietor who is creating a single member limited liability company. all of the following statements about the assets and liabilities of her business are correct except: all of aaliyahs existing business debt will automatically transfer to the LLC when the LLC is registered with her state government; Because aaliyah personally owns all of the assets. she may convert them to personal use; Aaliyah should transfer the nonresidental real property she owns into the LLC name; Aaliyah should not use personal bank accounts for the business. instead. she should open accounts using the employer identification number and name of the LLC