The similarity between a sole proprietorship and partnership is that Both their earnings are untouched by the Internal Revenue Service
<h3>What is Sole proprietorship?</h3>
Sole proprietorship is a business Enterprise that is owned and run by an individual person.
The individual person is the risk taker.
<h3>What is partnership?</h3>
Partnership refer to any business Enterprise that is own and run by two or more people.
Therefore, The similarity between a sole proprietorship and partnership is that Both their earnings are untouched by the Internal Revenue Service.
Learn more about proprietorship from the link below.
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Answer:
The appropriate answer is "$22,305".
Explanation:
The given values are:
Estimated uncollectible,
= $22,750
Credit balance in allowance,
= $445
Now,
The bad debt expense will be:
= 
By substituting the values, we get
= 
= 
($)
Answer:
False
Explanation:
Ethical standards are are set of guiding principles that an organisation communicates to its employees as the expected way to do things.
In reaching beyond our borders it is not true that ethical standards of of its employees must be the same as for workers in the United States.
For example an employee living abroad does not spend his whole housing allowance on getting a place to stay as expected in the United States, but puts it to use on other endeavours.
Answer:
Countries have a comparative advantage in production when they can produce a good or service at a lower opportunity cost than other producers.
