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Question 2 [5 points] Descriptions of several different business organizations are given below. Deterrnine what type of organization the situation described refers to isole proprietorship,
Question 2 [5 points] Descriptions of several different business organizations are given below. Deterrnine what type of organization the situation described refers to isole proprietorship, partnership or corporation). Click the space to the left of the description to select the type of business organization. Orgenization lype (Select Orie) Susan MMontgomery, the owner of Cola Company, is personelly liable for the debts of the cornperny. (Select One) (Select One) (Seleci Orne) Seleci Orie) a) Carrie Ford, the owner of Ingersoll Antiques, reports the profits of the business on her personal income b) tax retum One ot the owners ot Sundown Co learned thet he was a separste legal entity from the company The owner of Travic Parts pays taxes on the income earned by the company Kimberly Fisher and TravIs MAllster, the owmersot PhotoFinish o, esch report thear respective share C) d) 9) of the orpany's proits on their personal inelax rcturns
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