A business plan would help small business owners to know how to operate the business, achieve goals and what activities need to be conducted in case they missed anything out. It helps a business to plan out and conduct business operations.
Answer:
A. True
Explanation:
For her it is a specialty good because it not sold everywhere, therefore she makes the extra effort.
Your question is quite unclear, However it would be inferred you want a match of the functions of the abbreviated organizations.
Explanation:
Wassenaar Arrangement
C. International agreement that controls the export of encryption technologies; in order to combat terrorism.
HIPIAAB (Health Insurance Portability and Accountability Act).
D. Provides data privacy for safeguarding medical information
PCI DSS (Payment Card Industry Data Security Standard).
A. Provides safeguards for credit card transactions
GLBAD (Gramm-Leach-Bliley Act)
B. controls the way financial institutions deal with private information of individuals.
SOX (Sarbanes-Oxley Act).
F. protects investors from fraudulent accounting activities.
Answer:
a. Debit Unearned Rent Revenue, $4,500; Credit Rent Revenue, $4,500
Explanation:
When the company receives the $27,000 check for six months of advance rent, it records the unearned revenue in a liability account named Unearned Rent Revenue. The resulting journal entry is:
(Dr) Cash, $27,000
(Cr) Unearned Rent Revenue, $27,000
With the passing of each month, the company <em>earns</em> one-sixth (1/6) of the unearned rent revenue (or $4,500), essentially reclassifying the revenue from unearned to earned. Therefore, after one month, the resulting journal entry is:
(Dr) Unearned Rent Revenue, $4,500
(Cr) Rent Revenue, $4,500
Sole proprietorship is owned by one person. Why LLC is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation