Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 24, 2024

If a business has one capital account and one drawing account, then the business must be a ______. Multiple choice question. sole proprietorship or corporation

If a business has one capital account and one drawing account, then the business must be a ______. Multiple choice question. sole proprietorship or corporation partnership sole proprietorship corporation

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered 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

Statistics For Business And Economics

Authors: Paul Newbold, William Carlson, Betty Thorne

8th Edition

9780132745659

Students also viewed these Accounting questions

Question

★★★★★

Among the ledger accounts used by Glenwood Speedway are the following: Prepaid Rent, Rent Expense, Unearned Admissions Revenue, Admissions Revenue, Prepaid Printing, Printing Expense, Concessions...

Answered: 1 week ago

Question

★★★★★

When may an experts opinion be subject to challenge?

Answered: 1 week ago

Question

★★★★★

Required information Problem 10-69 (LO 10-2, LO 10-3) [The following information applies to the questions displayed below.) Burbank Corporation (calendar-year-end) acquired the following property...

Answered: 1 week ago

Question

★★★★★

What is RAD, what are the RAD phases, and what occurs in each phase?

Answered: 1 week ago

Question

★★★★★

Deedle Company purchased four convenience store buildings on January 1, 2005, for a total of $26,000,000. The buildings have been depreciated using the straight-line method with a 20-year useful life...

Answered: 1 week ago

Question

★★★★★

I have just invented a new coffee drink called Chock Full of Protein(CPP). CFP is produced in an instant powder form that has a density of 450 kg/m". I need 16 ounce pnclonge designed for CPP so that...

Answered: 1 week ago

Question

★★★★★

I was born into slavery in Mississippi, but in freedom, I became a journalist and activist who documented incidents of lynching in the late nineteenth and early twentieth centuries. My research demons

Answered: 1 week ago

Question

★★★★★

You have a fashion company located in US which mainly focus on online sales and also open pop-up stores. 1.Discuss the kinds of communication problems your managers might face in the host-country...

Answered: 1 week ago

Question

★★★★★

You are a buyer for a widget: Annual Demand = 1200 (assume continuous constant rate) Price = $40 Order Cost = $2000 Inventory Holding Cost = 20% Lead Time = 14-Days Annual Work Days = 250 At what...

Answered: 1 week ago

Question

★★★★★

If you spent most of your childhood and teen years in another country, what would be the comparison of where you are now?

Answered: 1 week ago

Question

★★★★★

Individual airport facilities of varying sizes, serving various purposes comprise a complex system we call civil airports. Explain the range of rules, regulations, and policies administered on civil...

Answered: 1 week ago

Question

★★★★★

reflect on the "Leadership Attributes"and "Leadership Behaviours" chapters: try and summarize the perfect set of skills, attributes and behaviours (in your opinion) that make someone a great leader....

Answered: 1 week ago

Question

★★★★★

Your friend Harold is trying to decide whether to buy or lease his next vehicle. He has gathered information about each option but is not sure how to compare the alternatives. Purchasing a new...

Answered: 1 week ago

Question

★★★★★

In Problem 8.43, determine the smallest value of for which the rod will not fall out of the pipe. IA -3 in.-

Answered: 1 week ago

Question

★★★★★

10. Huileac imports olive oil from Chilean firms, and the invoices are always denominated in pesos (Ch$). It currently has a payable in the amount of Ch$250 million that it would like to hedge....

Answered: 1 week ago

Question

★★★★★

9. Gulf Air is trying to decide how to go about hedging SFr70 million in ticket sales receivable in 180 days. Suppose it faces the following exchange and interest rates. Spot rate: $0.643342/SFr...

Answered: 1 week ago

Question

★★★★★

8. Copares, a Eurozone-based firm, has just invested 500,000 in a note that will come due in 90 days and is yielding 9.5% annualized. The current spot value of the British pound is 1.5617, and the...

Answered: 1 week ago

Previous Question Next Question