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Ksju [112]
3 years ago
10

Each sole proprietor that applies for initial registration in a State as either a broker-dealer or investment adviser must file:

Business
1 answer:
Nimfa-mama [501]3 years ago
7 0

Answer: True

Explanation:

The statement of financial condition includes assets, liabilities and equity of the sole proprietor.

I hope my answer helps you.

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Journalize the entries to record the following selected transactions.
zlopas [31]

Answer:

Journal Entries

                                               Dr.               Cr.

Sale of Merchandise

a. Account Receivable        $4,240

Sales                                                        $4,000

Sales Tax Payable                                  $240

Cost of Goods Sold             $2,360

Merchandise Inventory                          $2,360

b. Payment of Sales Tax

Sales tax Payable                 $42,110

Cash                                                         $42,110

Explanation:

Sales of Merchandise increase the account receivable and tax liability as well. Inventory has been reduced by the cost of merchandise.

Tax is paid and sales tax liability is reduced along with cash.

5 0
4 years ago
Read 2 more answers
Constraints refer to:
soldier1979 [14.2K]

Answer:

A. in a decision, the restrictions placed on potential solutions to a problem

Explanation:

7 0
4 years ago
OK Dry-Cleaning advertises so effectively that the regular customers of its competitor, Purity Cleaners, patronize OK instead of
stepan [7]

Answer:

a. a lawful action that is not a tort.

Explanation:

A tort refers to some wrongful act or some infringement of any right which is other than under any  contract which leads to a legal liability. It is based on a civil law. People are liable for their actions taken against another both accidentally or intentionally.

In the context, the customers who is regular to Purity Cleaners tries to patronize or condescend OK Dry Cleaners instead of Purity Cleaners. This is lawful action, however not a tort.

8 0
3 years ago
. Suppose you bought 100 shares of stock at an initial price of $37 per share. The stock paid a dividend of $0.28 per share duri
PilotLPTM [1.2K]

Answer: $428

Explanation:

From the question, we are informed that one bought 100 shares of stock at an initial price of $37 per share and that the stock paid a dividend of $0.28 per share during the following year, and the share price at the end of the year was $41.

The total dollar return on this investment will be calculated as:

= 100(41 - 37 + 0.28)

= $428

4 0
3 years ago
1. XYZ Co. incurred the following costs related to the office building used in operating its sports supply company: a. Replaced
Triss [41]

Answer:

2,4,5,7

Explanation:

8 0
3 years ago
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