Determine the various forms of business organizations, Financial Accounting

Assignment Help:

Determine the Various forms of business organizations

There are various forms of business organizations:

o Business-organization's objective is to earn a profit

o Sole Proprietorship-a business owned by one person

o Partnership-co-owned by two or more persons

o Corporation-owned by investors known as stockholders (Business-not owners-are responsible for company's obligations.)

o Limited liability company (LLC)-combines aspects of a corporation and a proprietorship

 


Related Discussions:- Determine the various forms of business organizations

Acquisition of a subsidiary company during the year, ACQUISITION OF A SUBSI...

ACQUISITION OF A SUBSIDIARY COMPANY DURING THE YEAR When the holding company acquires a subsidiary company portray during the financial period, and then the approach to preparing

What is depreciation reserve fund, Q. What is Depreciation Reserve Fund ? ...

Q. What is Depreciation Reserve Fund ? Depreciation Reserve Fund is the fund specially reserved for replacement of assets. Once the assets are purchased from the capital money

Retained Earnings and Capital, What happens to capital when a project is co...

What happens to capital when a project is completely funded by retained earnings?

Designs income statement, Please use the information below to complete Form...

Please use the information below to complete Form 1120S and the Schedule K-1%u2019s for Form 1120S. Blank forms can be found on the Hands-On Assignment page or in Doc Sharing. If y

Illustrate the new rules of sec, New Rules SEC i) Effective for years a...

New Rules SEC i) Effective for years after December 15, 2006 ii) New Disclosures mandated (1) Fair value of options on grant date (2) Value of grant per 123R (3) Cl

Assessment, Write down what processes and data you would analyse when looki...

Write down what processes and data you would analyse when looking at the following scenarios and write down any improvements you could include to ensure that the problem would be l

Play money assignment, This assignment requires you to pretend you have $10...

This assignment requires you to pretend you have $10,000 to invest for 4 weeks.  You are to "invest" this money in stocks or mutual funds and to track your investments on a weekly

Explain the term- recording business transactions, Recording Business Trans...

Recording Business Transactions ACCOUNT. An account is an individual record or form to record and précis information for each liability, asset, or owner's equity transactio

Acoounts, The book of Deven Verma could not be tallied. The accountant tran...

The book of Deven Verma could not be tallied. The accountant transferred the difference of Rs. 1,270 in the suspense account on the debit side. The following mistakes were found la

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd