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

MAKING A PITCH, SAMPLES PITCH FOR AN ACCOUNTING ASSIGNMENTS

SAMPLES PITCH FOR AN ACCOUNTING ASSIGNMENTS

Calculate the profitability index for a project, 1. Calculate the profitabi...

1. Calculate the profitability index for a project that has a net present value equal to -$10,000. The project's net investment is $20,000. 2. A project requires a net investmen

Excel., prepare an balance sheet

prepare an balance sheet

Required return on equity, Q. Required return on equity? Required retu...

Q. Required return on equity? Required return on equity Where D 1 = Next year's dividend g = Dividend growth rate P o = Market price of share r = Percentag

Sequential stages of an accounting information system, Relationship between...

Relationship between these aspects is set out in Figure.                                 Figure: The accounting information system There are four sequential stages of an

Accounting standard, redemption of debentures by sinking fund method

redemption of debentures by sinking fund method

Annulment of order-adjudication of debtor, Annulment of order The order...

Annulment of order The order may be annulled if In the opinion of the court the debtor ought not to have been adjudicated bankrupt; All the debts have been paid in fu

How can a person tell whether an entry to an expense account, How can a per...

How can a person tell whether an entry to an expense account is payment for a legitimate expenditure or a means of concealing a theft of cash?

Required: prepare journal entries for the above transactions, Sleek Ride, a...

Sleek Ride, a company providing limo services, has a December 31 year-end date. For Sleek Ride, the following transactions occurred during the ?rst 10 days of June: a. Purchased, o

Calculate the capital investment - time value money, Q. The capital invest...

Q. The capital investment appraisal techniques such as NPV, IRR, ARR, PV and Time value of money have become irrelevant post Celtic Tiger. Due to the depth of the recession comp

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