FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

About Sole Proprietorship Which of the following is not true regarding a sole proprietorship? a. The owner cannot legally take money out of the business.

About Sole Proprietorship
image text in transcribed
Which of the following is not true regarding a sole proprietorship? a. The owner cannot legally take money out of the business. b. There is only one owner in the business. c. Investments are recorded in the Capital account. d. Withdrawals are recorded in the Draw account

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Information Technology Control And Audit

Information Technology Control And Audit

Authors: Angel R. Otero

5th Edition

1498752284, 9781498752282

More Books

Students also viewed these Accounting questions

Question

★★★★★
Consider the following hypothesis test: H0: 75 HA: Answered: 1 week ago

Answered: 1 week ago

Question

★★★★★
Equvalent Units of Production and Related Costs The charges to Work in Process-Assembly Depsitment for a peniod, together with informsbon conceming production, are as follows. All direet matenale are...

Answered: 1 week ago

Question

★★★★★
Main effect of A; main effect of B; no interaction

Answered: 1 week ago

Question

★★★★★
At July 31, Martinez Company has the following bank information: cash balance per bank $7,420, outstanding checks $762, deposits in transit $1,120, and a bank service charge $20. Determine the...

Answered: 1 week ago

Question

★★★★★
Answer only no explanation. Select all that apply Which of the following are ethical considerations of AI ? Multiple select question. privacy bias and discrimination cost of AI implementation...

Answered: 1 week ago

Question

★★★★★
3 Let V, V2, V3 be the vectors in R defined by V1 = -18 -15 18 V+ V2 = 7 9 15 (c) Type the dimension of span {v, V2, V3 }: (a) Is {V, V2, V3 } linearly independent? Write all zeros if it is or if it...

Answered: 1 week ago

Question

★★★★★
Gains From Trade Overall Score: 88% Inventory PPF y Level 3: Implementing Trade and Exploring the Gains from Trade You decide to throw a feast for you and Friday. This will require 5000 calories of...

Answered: 1 week ago

Question

★★★★★
What is the total net cash flow over 4 years for the trucking venture? Trucking Venture Specifics Initial investment Cost of the truck Working capital deposit Operations (per year for 4 years)...

Answered: 1 week ago

Question

★★★★★
Problem Set 2 Instructions Question 1 A has 1 and 2 Question 1 B has 1 and 2. Question 2 A has one question Question 2 B has 1, 2, 3 Question 1 Compound Interest and Savings Annuities Use the...

Answered: 1 week ago

Question

★★★★★
Design a study and collect data. Kanai and colleagues performed MRI scans on student volunteers at University College, London. The results from each brain area were quite similar. You will examine...

Answered: 1 week ago

Question

★★★★★
1. Cris Company manufactures electric motors to the exacting specifications of various customers. During February, Job #102 for the production of 110 motors is completed at the following cost per...

Answered: 1 week ago

Question

★★★★★
Appendix A, PHR and SPHR Knowledge Base, at the end of this book (pages 580588) lists the knowledge someone studying for the HRCI certification exam needs to have in each area of human resource...

Answered: 1 week ago

Question

★★★★★
What specific HR functions (recruiting, selecting, training, etc.) can you identify one or more of the team leaders using to help manage their teams on the show? Again, please give specific answers.

Answered: 1 week ago

Question

★★★★★
17.4 Discussthe major considerations in formulating a compensation plan for international employees.

Answered: 1 week ago

Previous Question Next Question