What does limited liability for investors imply in a public stock company?

1 answer:

8 0

Restricted risk will be a kind for Risk that doesn't surpass the measure put resources into an association or restricted risk shares of the organization. Those restricted risk characteristic may be a standout amongst the greatest points of interest for Contributing in publicly recorded organizations. Same time An shareholder could take an interest wholly in the development of a company, as much alternately her obligation will be confined of the amount of the financing in the company, regardless of it thusly dives bankrupt and need remaining obligation commitments.

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<h3>Payable cash account</h3>

Based on the information given the appropriate journal entry to record a customer's check in full payment for a sale is:

Journal entry

Debit Payable Cash account

Credit Sales accounts

(To record customer's check in full payment)

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Learn more about payable cash account here:brainly.com/question/4656883

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