Question: One can ebook Business Entity Concept Big Sky Sports sells hunting and fishing equipment and provides guided hunting and fishing trips. Big Sky Sports is


One can ebook Business Entity Concept Big Sky Sports sells hunting and fishing equipment and provides guided hunting and fishing trips. Big Sky Sports is owned and operated by Joe Flannery, a well-known sports enthusiast and hunter, Joe's wife, Pam, owns and operates Glacier Boutique, a women's clothing store Joe and Pant have established a trust fund to finance the children's college education. The trust fund is maintained by Kalispell State tank in the name of the children, Trey and Brooke a. For each of the following transactions, identity which of the entities listed should record the transaction in les records Glacier Boutique Kalispell State Bank Big Sky Sports None of the above 1. Pam deposited a $2,000 personal check in the trust fund at Kalispell State Bank. 2. Pam purchased two dozen spring dresses from a Spokane designer for a special pring sale. 3. Joe paid a breeder's fee for an English Springer Spaniel to be used as a hunting guide dog 4. Pam authorized the trust fund to purchase mutual fund shares. 5. Joe paid a local doctor for his annual physical, which was required by the workmen's compensation insurance policy carried by thig Sky Sports Sation insurance policy carried by Big Sky Sports
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