Business entity assumption is required to maxim to record the building at $500,000.
<h3>
What is Business entity assumption?</h3>
Business entity assumption, also known as separate entity assumption or the economic entity concept, is an accounting principle that argues that all businesses must maintain their financial records independently of their owners and other businesses. All revenue generated by the company's operations must be reported as revenue, and all expenses must be those directly related to the maxim. Any owner's personal expenses shouldn't be charged to the business. Due to the precise separation of the Business entity assumption, the firm may be examined for tax and profitability using accurate financial data rather than a maxim combination of personal and business money.
To learn more about Business entity from the given link
brainly.com/question/14117518
#SPJ4
Answer:
B. defining the problem; taking marketing actions
The five-step marketing research approach begins with ___________ and ends with ___________.
A. collecting data; analyzing it for possible recommendations
B. defining the problem; taking marketing actions
C. developing the research plan; developing findings
D. collecting relevant information; develop findings
Explanation:
A. shopping (sorry if i’m incorrect)
The Fed must establish a balance between maintaining national banking stability and enabling individual banks to make a profit.
<h3>What is Federal Reserve System?</h3>
The central banking system of the United States of America is the Federal Reserve System, generally referred to as the Federal Reserve or just the Fed. The Federal Reserve System is composed of several levels. The Federal Reserve Board, which is comprised of governors selected by the president, oversees it (FRB). Twelve regional Federal Reserve Banks, dispersed across the country's cities, control and supervise independently held commercial banks. Commercial banks with national charters are required to own stock in the local Federal Reserve Bank and have some board member elections.
To know more about Federal Reserve System, visit:
brainly.com/question/3603615
#SPJ4