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Tom [10]
3 years ago
6

When the owner of a sole proprietorship dies, what becomes of the business?

Business
1 answer:
shutvik [7]3 years ago
6 0
It ceases to exist, unless it's taken over by someone or sold off. 
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For each of the following accounts indicate the effect of a debit or a credit on the account and the normal balance.
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Jack has a ticket to see Bo Bice for which he paid $30 yesterday. He takes an unpaid day off from work to get ready for the conc
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Answer:

$70

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3 0
3 years ago
On August 1, 2020, Ascent Corp. borrowed $80,000 cash on an 8-month note payable with a 7% annual rate that requires Ascent to p
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Answer and Explanation:

The computation is shown below:

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And,

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So here for recording the payment of interest the interest payable is debited for $2,333.33

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6 0
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Which of the following is not one of the four types of analyses outlined in the text as a method for analyzing sales organizatio
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e. market-share analysis.

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e. market-share analysis because it is not only dependent on sales. Other factors are other industries markets total sales . It is not directly associated with analyzing sales organization effectiveness. Sales organization is responsible for selling and obtaining maximum profits. Optimum profits through least investments is their primary objective. Market share analysis is dependent on a particular period and the sales  during that period ,target company's sales and total market sales.

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