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Author Question: Which of the following is legally a separate entity from its owner(s)? A) sole proprietorship B) ... (Read 80 times)

littleanan

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on: Jul 5, 2018
Which of the following is legally a separate entity from its owner(s)?
 
  A) sole proprietorship
  B) partnership
  C) corporation
  D) Two of these are correct.

Question 2

In a perpetual inventory system, merchandise returned to vendors reduces the merchandise inventory account.
 a. True
  b. False
 
   Indicate whether the statement is true or false


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dmurph1496

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Reply #1 on: Jul 5, 2018
Answer to Question 1

C

Answer to Question 2

True


littleanan

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Reply #2 on: Jul 5, 2018
Thank you :)


dmurph1496

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Reply #3 on: Jul 5, 2018
Happy to help you


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