Privately owned businesses are commonly found in capitalist economies.
Answer:
Limited liability company
Explanation:
In simple words, A limited liability corporation (LLC) is a type of private company structure. It's among the most frequent legal structures for forming a company. In a comprehensive partnerships all members are accountable for the firm and have unlimited accountability for its obligations.
Thus the limited liability structure is most suitable for the two.
<span>On Monday, during which time I am presenting to a group of highly accomplished scientists, my presentation will be far more technical and detailed. On Tuesday, when I am presenting to the company's marketing and promotions department, all of these technical details will be scrapped and I will be presenting very broad ideas. If I am presenting on a new method of administering blood tests, I will talk on Monday about the methods that I am using, however; on Tuesday, I will talk about the benefit to the patients and to the hospital.</span>
Answer:
- The entry made by Allenson Brick Company on January 1 to record the proceeds and issuance of the note is
b. Cash 200,000
Notes Payable 200,000
Explanation:
At the moment the company receive the money it must reflect the movement with an entry to the balance sheets, which is , a debit entry to the Cash accounts by the amount received and a credit entry to Note Payable accounts reflecting the liabilities that the company will have from now.
The interest expenses are recorded at the moment of the interest are paid which is in 9 months from now.
