<span>In a general partnership, all partners share joint and full responsibility for the financial dealings of the partnership, meaning that if the partnership is sued, the general partners are financially responsible. A limited partnership has both general partners and limited partners. The limited partners are insulated from a majority of financial responsibilities that fall on the general partner.</span>
Answer:
Have little loyalty to their vendors.
Explanation:
Middlemen are intermediaries that buy goods from the producers and sell directly to the consumers. They assist the producers to get different feedbacks about the products from the consumer. Middlemen include wholesalers, retailers, brokers.
In some situations, middlemen increase the prices of various products thereby making it difficult for consumers to purchase, they also have little loyalty to the producers of a particular product they tend to purchase the product when there is high productivity but reject it when productivity reduces.
Answer:
vsw vds vDS Vsdvds Vds VSD Vdsv dSVDS vd sV DS
Explanation:
Answer:
Debit Allowance for Doubtful Accounts $2,300; credit Accounts Receivable $2,300
Explanation:
The journal entry is shown below:
Allowance for Doubtful Accounts A/c Dr $2,300
To Accounts Receivable A/c $2,300
(Being the written-off amount is recorded)
Since we have to record this journal entry so we debited the Allowance for Doubtful Accounts A/c and credited the account receivable account so that the correct posting can be done.
Answer:
B. I and III only
Explanation:
The yield increase in the debt to maturity will create that the firms interest paid rise, and a higher tax rate would increase the cost as the company has to assume more tax.