Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

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

Financial accounting

Authors: Walter T. Harrison, Charles T. Horngren, William Bill Thomas

8th Edition

9780135114933, 136108865, 978-0136108863

More Books

Students also viewed these Accounting questions

Question

When may an experts opinion be subject to challenge?

Answered: 1 week ago