The percentage of the money given to practitioner is called "commission"
Answer:
Date Account, title and description debit credit
June 3 Merchandise inventory 3,985
Accounts payable 3,985
Merchandise purchased on account
from JVC Co.
June 9 Merchandise inventory 2,300
Accounts payable 2,300
Merchandise purchased on account
from Prime Target, terms 2/10, n/30
June 12 Store supplies 675
Accounts payable 675
Merchandise purchased on account
from Craft Shop
June 13 Accounts payable 3,985
Cash 3,985
Paid for June 3 purchase of
merchandise from JVC Co.
June 19 Accounts payable 2,300
Cash 2,254
Purchase discounts 46
Paid for June 9 purchase of
merchandise from Prime Target and
obtained a 2% discount
Answer: Partnership Agreement, State Certification, Business name registration, Business bank account name opening.
Explanation:
A limited partnership is a business between two partners; one being the general partner who is accountable for all activities in the business and the other being the Limited Partner who is basically there for the money he invested in the business.
In addition to the tax identification, the Partnership agreement must be drafted so as to clearly describe the structure of the business as well as the role and rights of all partners involved.
The State Certificates which contain details of the business name, and its address as well as the names and addresses of the involved partners and agents is also required. The state would charge a fee to have this certificate registered.
Business Bank Account Name would be needed and it would be recognized as the official account where monies could be paid. An Employer Identification Number is also required if there are employees to be paid.
Business Name Registration - This registration is required when a name which is not the last name of the partners is chosen for the business.
In the fiscal policies of governments, automatic stabilizers are meant to correct and stabilize the fluctuations that arise within the economy of nations. The policy tools that are considered automatic stabilizers are;
- A progressive income tax structure
- Government unemployment benefits
At times, the economy of a nation might experience shocks and destabilizations. These policy tools listed above are meant to generate taxes from the citizens that would cushion the effects of these shocks.
They help to increase the flow of money in the economy when it is passing through difficulties like recessions.
Learn more here:
brainly.com/question/24276941
Answer: We have no legal responsibility but do have some ethical responsibility.
Explanation: As the owner of a casino we do not have any legal liability but as human and a part of society we do have to make sure that gambling in such casinos is not ruining the environment for the individuals living in it.
We have the responsibility towards the kids especially. We must make sure that kids stay away from such casinos as no one knows at an early age of what is right for them and what is not.
We can make rules about the maximum amount of which one can gamble and should monitor strictly of any other unethical conduct that is going on.
