Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 18, 2024

Abusiness that is a legal enity separate from the owners, yet is treated as a legal person, is called a ( n ) : Multiple

Abusiness that is a legal enity separate from the owners, yet is treated as a legal person, is called a

(

)

Multiple Choice

corporation

Ilited partnership

general Partnership

Unilintedliablity company.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

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

Accounting Principles

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

9th Edition

978-0470317549, 9780470387085, 047031754X, 470387084, 978-0470533475

More Books

Students also viewed these Accounting questions

Question

★★★★★

The constituent partial pressures of a gas in equilibrium with a liquid solution at 30C and 1 atm containing 2 lbm SO2/100 lbm H2O are pH2O = 31:6 mm Hg and pSO2 = 176 mm Hg. The balance of the gas...

Answered: 1 week ago

Question

★★★★★

Following is the chart of accounts of Vance Rehab Clinic: Assets 111 Cash 113 Accounts Receivable 115 Supplies 117 Prepaid Insurance 124 Equipment Liabilities 221 Accounts Payable Owner's Equity 311...

Answered: 1 week ago

Question

★★★★★

6. What is the relationship that summarizes the Friedman-Lucas money surprise model ire this chapter?

Answered: 1 week ago

Question

★★★★★

Turner Excavation maintains a checking account and has decided to open a petty cash fund. The following petty cash fund transactions occurred during July: July 2 Established a petty cash fund by...

Answered: 1 week ago

Question

★★★★★

Abusiness that is a legal enity separate from the owners, yet is treated as a legal person, is called a ( n ) : Multiple Choice corporation Ilited partnership general Partnership Unilintedliablity...

Answered: 1 week ago

Question

★★★★★

Martinez Manufacturing estimates that its WACC is 11 percent of Equity comes from retained earnings. However, if the company issues new stock to rise new equity , it estimates that its WACC will rise...

Answered: 1 week ago

Question

★★★★★

Deluxe Limited undertook a contract for Rs 5,00,000 on 1st July 1997. On 30th June 1998 when the accounts were closed, the following details about the contract were gathered: Rs Rs Materials...

Answered: 1 week ago

Question

★★★★★

1. Over the years, Hannah's income has changed from $36,000 to $40,000 to $45,000. If the CPI changed from 102.9 to 105.1 to 108.6 over the same time period, determine Hannah's percent change in real...

Answered: 1 week ago

Question

★★★★★

QUESTION On October 1, 2021, Bulan Bhd purchased shares and debentures of Bintang Bhd. At that time, Bintang Bhd's retained profit, general reserve, and asset revaluation reserve were, respectively,...

Answered: 1 week ago

Question

★★★★★

1.What are KFC China's options as it tries to secure reliable poultry stock in China?What are the pros and cons of these options? 2.Why is responsible supply chain management important and how can...

Answered: 1 week ago

Question

★★★★★

Blackboard A maining Time: 1 hour, 29 minutes, 56 seconds. uestion Completion Status: Moving to another question will save this response. Question 1 S + Select an area to comment on One bakery is...

Answered: 1 week ago

Previous Question Next Question