Answer:
see below
Explanation:
A corporation is considered a legal person. It is a form of business ownership that is separate from its owners. A Non-corporation business has not gone through the incorporation process. As such, the business and the owner as considered as one entity. A partnership and sole proprietorship are examples of non-corporations.
Raising funds for a corporation is much easier than for a non-corporation. A corporation raises funds through borrowing or by issuing shares to the public or existing shareholders in a private corporation. The money generated from issuing shares can be used to expand the business or meet outstanding debts.
A non-corporation relies on the owner's to fund business activities. If the owners don't have a good credit history, the business may face challenges obtaining loans.
Answer:
C. salaries expense
D. service revenue
Explanation:
All temporary accounts need to be closed off at the end of the year. Temporary accounts are accounts that both begin and end the period with a $0 balance so that they do not get mixed up with figures from the next period.
Items in the income statement such as revenue and expenses are closed at year end and will form part of the Retained earnings account as they would have been accounted for in the net income.
Salaries expense and service revenue will therefore be closed at the end of the year.
<span>biotechnology research and support services
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<span>Typically, the final hiring decision in large organizations is made by the "department supervisor".
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When we talk about the role or part of the department supervisor then it is an unpredictable one. He/She won't simply be somebody who manages work by others. A supervisor is likewise in charge of training, settling issues and filling in as a connection amongst subordinates and upper administration. The perfect candidate is one who will be a capable and ready to guide and prepare workers.
Commercial banks, savings and loans, credit unions, and non-banks are all considered to be a part of the U.S. <u>banking </u>system.
<h3>What is Commercial banks?</h3>
Commercial banks can be defined as banks that accept deposit and as a well give out loans to their borrowers.
Hence, United State of American banking system is comprises of the following:
- Commercial banks
- Savings and loans
- Credit unions
- Non-banks
Learn more about Commercial banks here:
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