Slve the following kindly?

AbbyAbby

PrimrosePrimrose

recently opened her own law? office, which she operates as a sole proprietorship. The name of the new entity is

AbbyAbby

PrimrosePrimrose?,

Attorney.

PrimrosePrimrose

experienced the following events during the organizing phase of the new business and its first month of? operation,

MarchMarch

20162016.

Some of the events were personal and did not affect the law practice. Others were business transactions and should be accounted for by the business.

Sold personal investment in Amazon? stock, which she had owned for several? years, receiving $ 31 comma 000$31,000 cash. 2 Deposited the $ 31 comma 000$31,000 cash from the sale of the Amazon stock in her personal bank account. 3 Deposited $ 60 comma 000$60,000 cash in a new business bank account titled AbbyAbby PrimrosePrimrose?, Attorney. The business gave capital to PrimrosePrimrose. 5 Paid $ 500$500 cash for ink cartridges for the printer. 7 Purchased computer for the law? office, agreeing to pay the? account, $ 7 comma 500$7,500?, within three months. 9 Received $ 3 comma 800$3,800 cash from customers for services rendered. 15 Received bill from The Lawyer for magazine? subscription, $ 150$150. ?(Use Miscellaneous Expense? account.) 23 Finished court hearings on behalf of a client and submitted a bill for legal?services, $ 11 comma 000$11,000?, on account. 28 Paid bill from The Lawyer. 30 Paid? utilities, $ 1 comma 200$1,200. 3131 Received $ 3 comma 300$3,300 cash from clients billed on Mar.Mar. 23. 3131 PrimrosePrimrose withdrew cash of $ 3 comma 000$3,000

Question 11 (5 points) John Rawls' contractarian moral theory suggests that "Behind the I am stripped of any knowledge of my position. I don't know if I'll be old, young, rich, poor, well, unwell, male or female; and I don't know if I will catch COVID-19 or if I do, what resources I will need," Oveil of utility veil of autonomy veil of harm veil of ignoranceQuestion 15 (1 point) v' Saved A promoter that enters into pre-incorporation contracts is personally liable unless the corporation assumes liability via contract after incorporation Question 16 (1 point) ~/ Saved Sue is negotiating a contract to become CEO of June, Inc. Sue wants to know if there is any protection she should negotiate to protect her personal assets. Which of the below will NOT protect Sue with reference to personal liability as a CEO? 0 Exculpatory clause 6) Business Judgment Rule O D & 0 Insurance O Piercing the Corporate Veil Question 17 (1 point) v' Saved Shareholder must approve any fundamental changes affecting the corporation. 2. Preparation of final accounts is governed by different Acts, Laws, Standards and Principles like Income tax law, Company Act, Partnership Act, Accounting Standards (AS), Generally Accepted Accounting Principles (GAAP) etc., used for valuation of financial transactions/events to standardize accounting information, which in turn depends upon type of organization concerned. The final accounts are prepared based on the nature of operations of these types of businesses. Differentiate between the following types of final accounts; a. Trial Balance and the Balance sheet b. Manufacturing Account and Trading Account c. Trading Account and Profit and Loss Account d. Income statement and Balance SheetQUESTION 9 What areas of the legal environment of business are covered by treaties? O Product safety O Intellectual property rights O Human rights and global security Competition law QUESTION 10 Businesses tend to see law in a negative light because: The law creates obligations for society as a whole The law levels the playing field between companies The law constrains business activities The law allows businesses to be eligible for public funding