This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is legally a separate entity from its owner(s)? A) sole proprietorship B) ... (Read 112 times)

littleanan

  • Hero Member
  • *****
  • Posts: 575
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dmurph1496

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

C

Answer to Question 2

True





 

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

For a complete list of videos, visit our video library