Helen Rupp is the owner of a successful printing shop. Recently, her business has been increasing, and Helen has been thinking about changing the organization of her business from a proprietorship to a corporation. Discuss some of the advantages Helen would enjoy if she were to incorporate her business.\ Express the basic accounting equation.\ a. Define the terms assets, liabilities, and owner's equity.\ b. What items affect owner's equity?

10. Helen Rupp is the owner of a successful printing shop. Recently, her business has been increasing, and Helen has been thinking about changing the organization of her business from a proprietorship to a corporation. Discuss some of the advantages Helen would enjoy if she were to incorporate her business. 11. Express the basic accounting equation. 12. a. Define the terms assets, liabilities, and owner's equity. b. What items affect owner's equity