Insert in the following table one advantage and one disadvantage of operating a business as (a) a

Question:

Insert in the following table one advantage and one disadvantage of operating a business as

(a) a sole trader,

(b) a partnership,

(c) as a limited liability company.

image text in transcribed

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Accounting For Non Accounting Students

ISBN: 9780273709220

7th Edition

Authors: John R. Dyson

See More Books

Question Posted: May 08, 2024 04:00 AM

See More Questions

Which form of business organization is limited by the Internal Revenue Code (IC) concerning the number and type of shareholders? A partnership An S corporation A C corporation A sole proprietorship...
The text identied three common legal forms of business organizations: sole proprietorships, partnerships, and corporations. Required: (a) Compare and contrast what you believe would be key advantages...
Holmes Corporation is a leading designer and manufacturer of material handling and processing equipment for heavy industry in the United States and abroad. Its sales have more than doubled, and its...
In Exercises 3542, describe and sketch the surface given by the function. f(x, y) = Jxy, 0, x 0, y 0 x <0 or y < 0
Skew-Symmetric Matrices: An n n matrix J is called skew-symmetric if JT = - J. (a) Show that every diagonal entry of a skew- symmetric matrix is zero. (b) Write down an example of a nonsingular...
Suppose that Ford used target costing to decide whether to produce a new vehicle, such as the Fiesta. REQUIRED A. Describe the steps Fords design team would have taken. B. Explain why managers cannot...
What are the different ways a deposition summary may be prepared?
Alpha Corporation and Beta Corporation are identical in every way except their capital structures. Alpha Corporation, an all-equity firm, has 15,000 shares of stock outstanding, currently worth $30...
Donovan & Parents produces soccer shorts and jerseys for youth leagues. Most of the production is done by machine. Data on operations and costs for March follow. Units produced Machine-hours used...
Into which category may the following functions/services best be placed? Tick the appropriate column. Function/service Central government Local 1 Broadcasting 2 Famine relief 3 Postal deliveries 4...
Which is the odd one out among the following professional accountancy bodies? State your reasons for the one that you select. (a) AAT (b) CIMA (c) CIPFA (d) ICAEW
What is the essential cause which management is generally concerned with?
For the function, evaluate the following. f(x, y) = x + y-x+5 (a) f(0, 0) (b) f(1, 0) (c) f(0, -1) (d) f(a, 2) (e) f(y, x)
. For each of the specifications below give a state machine for the sequential circuit. Be sure to: o minimize the number of states in your machine, o draw the state diagram, and o identify the...
Your brother-in-law has made an offer on the property and you have taken this to the vendors. The offer is $100,000 under the advertised price. The vendors have told you previously in a private...
1. Design a chart to show the indicators, their measurements, and the expected and actual performance. Use the template to design your chart. 2. Select one of the fictional incidents you created last...
find the domain for this function, g(t)=3-1-2+1
Calculate the energy per photon and the energy per mole of photons for radiation of wavelength (a) 200 nm (ultraviolet), (b) 150 pm (X-ray), (c) 1.00 cm (microwave)
Find the image of x = k = const under w = 1/z. Use formulas similar to those in Example 1. y| y = 0 -21 -2 -1 -1, /1 12 T -1 -1 y= -2 x =0
Three long straight wires are oriented perpendicular to the page, each carrying a current that is either coming out of or going into the page, as shown in the diagram. If I = 27 mA, I2 = 45 mA, and...
Two infinitely long straight wires are parallel and separated by a distance of 5.0 cm. Each wire carries a current I = 0.27 A in the same direction. What is the magnitude of the magnetic field at a...
Del Gato Clinic's cash account shows an $11,589 debit balance and its bank statement shows $10,555 on deposit at the close of business on June 30. a. Outstanding checks as of June 30 total $1,829. b....

Insert in the following table one advantage and one disadvantage of operating a business as (a) a

Question:

Type of entity Advantage Disadvantage (a) Sole trader (b) Partnership (c) Limited liability company

Step by Step Answer:

the table with one advantage and one disadvantage for each type of business ...View the full answer

Accounting For Non Accounting Students

Students also viewed these Business questions