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AlekseyPX
3 years ago
6

Which of the following types of business ownership has the advantages of pass-through taxation and liability protection? A. A so

le proprietorship B. An LLC C. A C corporation D. A partnership
Business
2 answers:
guapka [62]3 years ago
6 0

Answer:

Letter b is the answer

Explanation:

nikklg [1K]3 years ago
4 0
Your answer is LLC so it would be B. IM writing this long because i have to 
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Exercise 15-2 On January 1, 2017, Klosterman Company issued $420,000, 12%, 10-year bonds at face value. Interest is payable annu
Maslowich

Answer:

The journal entry to record the bond issuance is shown below:

Explanation:

The journal entry to record the bond issuance is as:

Cash A/c.............................................Dr  $420,000

        Bonds Payable A/c......................Cr  $420,000

Being the bonds issued

As the bonds are issued by the company so cash is coming into the business, which is an asset and any increase in asset is debited. Therefore, the cash account is debited. And cash is received against the bonds payable, so the account of bonds payable is credited.

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3 years ago
Why would you use a chart AND data in Excel?
harina [27]

Answer:

a b d

Explanation:

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3 0
3 years ago
The financial institution that generally charged the lowest rates on loans is
astra-53 [7]

Banks and Credit Unions usually charge the lowest rates on loans.

8 0
3 years ago
Sophie Company is considering closing one of its product lines. Current data on the product line are as follows. Sales revenue $
suter [353]

Answer:

Company's net income will increase by $2500 if the product line is discontinued.

Explanation:

From the data given:

Sales                                      25000

variable cost (less)                 19000

contribution margin               6000

Fixed costs

directed fixed costs                7000

allocated fixed costs               5000

net income                             -6000

Fixed cost savings                   7000

rental revenue                           1500

total savings if discontinued    8500

contribution margin (less)         6000

net income increased by          2500

5 0
3 years ago
Describe the difference between a 401(k) plan and an Individual Retirement Account.
nadya68 [22]
401(k) is an employer-provided plan, IRA isn't.
4 0
3 years ago
Read 2 more answers
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