I dont know!!!!!!!!!!!!!!!!!!!!!!!!!!
Limited liability is the term your looking for
The scenario given above is an example of cultural manners and customs. Cultural manners and customs has to do with the the ways societies do things in foreign countries. Manners and customs typically affect both the management and marketing operation of a company. International companies must understand the manners and customs of the country where they are located in order to succeed.
Based on the fact that the books were bought on credit, to sell at Ben's Bookstore, the $500 should be listed separately as assets and liabilites.
<h3>How should Ben list the $500?
</h3>
The $500 is a liability because Ben acquired the books on credit which means the store owes the supplies for them.
The $500 is also an asset however because it represents stock in the business which makes it a current asset.
Find out more on recording liabilities at brainly.com/question/25687338.
