Name the four main business structures/forms

Which of these is not recognized by the federal government as a legal structure

Which of these is most common and flexible today - give very brief explanation why

2. Name the four major financial statements and give a very brief description of each

3. What is retained earnings?

4. What factors determine whether a purchase is a fixed asset or an expense?

5. Name the two basis of accounting

Which of these is GAAP?

6. Which financial statement is considered the most important and why?

7. How do we determine if a liability or asset is considered current?

8. When I purchase stock, what are the two components/computed values of the purchase?

9. What is the tax issue involving dividends?

10. Are you learning anything?

Please provide text answer