Answer:
Ask him which one is the best choice
Explanation:
Answer:
Limited liability company
Explanation:
A limited liability company is a company where the liabilities of partners is limited to the amount invested in the company. A limited liability company has features of both a partnership and a sole proprietorship
The partnership is made up of a general partner and the limited partners. the general partner is involved in the daily running of the business. The limited partners are not involved in the daily running of the business. They just contribute capital.
In this question, the person involved in the running of the business is the general partner while the other 9 friends are the limited partners.
Answer:
$213,500.
Explanation:
Retained earnings balance at the beginning of the year $ 166,000
- Cash dividends declared for the year 52,000
+ Net income for the year 99,500
Answer:
c.salary of factory supervisor.
Explanation:
The indirect cost is that cost is not directly connected with the production process of the product. It supports the process of production. In addition, all indirect cost has come under the manufacturing overhead cost likewise depreciation on factory equipment, property taxes, etc
Therefore, the salary of a factory supervisor is an indirect labor cost
Answer:
Journal Entry
Explanation:
The Journal entry is to record reimbursement of the account shown below:-
Delivery expenses Dr, $59
Merchandise inventory Dr, $191
Miscellaneous expenses Dr, $28
To Cash $278
(Being petty cash reimbursement is recorded)