Which of the following forms of business organizations provide limited liability to all its owners?
A) general partnership B) corporation
C) limited partnership D) both B and C
B
You might also like to view...
When the companies engage students to design and carry out projects, the payoff to the students is experience and visibility; the payoff to the companies is a fresh sets of eyes to solve problems at a fraction of what consultants would charge
Indicate whether the statement is true or false
On December 1, Victoria Company signed a 90-day, 8% note payable, with a face value of $9000. What amount of interest expense is accrued at December 31 on the note? (Use 360 days a year.)
A. $0 B. $720 C. $120 D. $60 E. $180
Organizational core values form the foundation of a firm's decisions.
Answer the following statement true (T) or false (F)
In which of the columns of the worksheet would Net Income be found?
A) the unadjusted trial balance credit column, the adjusted trial balance credit column, and the balance sheet credit column B) the unadjusted trial balance debit column, the adjusted trial balance debit column, and the balance sheet debit column C) the balance sheet debit column and the income statement credit column D) the balance sheet credit column and the income statement debit column