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hello can someone help please thanks in advance! a) i) Explain to a sole trader the purpose of incorporation to become a limited liability company.

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can someone help please
thanks in advance!

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a) i) Explain to a sole trader the purpose of incorporation to become a limited liability company. (5 marks) ii) Explain the advantages and disadvantages for a limited liability company of the following types of funding: - Ordinary share capital - Preference share capital - Long term loan (9 marks) iii) The accounting equation for any business entity can be stated as: Assets = Liabilities and Equity For each of the following scenarios, for a public limited company, explain whether the elements of the accounting equation will change or not. Your explanation must state the direction of change, that is, an increase or decrease and say why the change is happening: - Repayment of a long-term loan - Issuing dividends to ordinary shareholders - A further issue of ordinary shares made by a plc (6 marks) (Total 20 marks) b) Explain, using relevant financial and management accounting techniques or reports, how each of the following are part of the accounting process: - Stewardship - Monitoring and control - Measurement For each of the bullet points above, identify both a financial and management

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