Describe the usiness entities:, Financial Accounting

 Answer all of the parts in this task. Part (i) is worth a maximum of 6 Marks - 1 Mark each part. Parts (ii) and (iii) are worth a maximum of 2 Marks each.

(i) Describe each of the following business entities:

a) Sole trader

b) Partnership

c) Limited liability company

d) Trust

e) Franchise

f) Agency

(ii) Briefly discuss registering a business name.

(iii) Distinguish between a trademark and copyright in the protection and marketing of a business.

 

Posted Date: 2/26/2013 1:31:30 AM | Location : United States







Related Discussions:- Describe the usiness entities:, Assignment Help, Ask Question on Describe the usiness entities:, Get Answer, Expert's Help, Describe the usiness entities: Discussions

Write discussion on Describe the usiness entities:
Your posts are moderated
Related Questions
Simons Corp has unadjusted net income from continuing operations before tax of $168,000 before the following items were entered in the accounting records in 2013: 1. Unrealized


A gift of residue Where property is not given by a specific legacy nor by a general legacy, it makes up the residue of the testator's estate.  If the testator fails to make a g

Contribution and indemnity Generally the trustees are jointly and severally liable to the beneficiaries and a trustee sued may claim contribution from the others where although

Interstate Manufacturing produces brass fasteners and incurred the following costs for the year just ended: Materials and supplies used Brass

For this problem we will be working with the Ericksen data set for describing the percentage of the population not counted in the US Census from 1980. In this data set we have diff

Activity-Based Costing (ABC) An accounting method that assigns identifiable costs and allocates common costs to definite product lines or business fragments Also known as pro

Q. What is Contractor Ledger? Accounts relating to contractors should be kept as personal accounts in contractor's ledger and a separate folio should be opened in the Contracto

Journalize the entries to record the receipt of the amounts due on Notes (5) and (6) in January. Date Face Amount Term Interest Rate 5. Nov. 15 $54,000 60days 6% 6. Dec. 27 $40,500

provide for depreciation at 10%p.a at cost for equipment and 15% at book value for vehicles