1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
astra-53 [7]
3 years ago
11

Describe the difference between sole trader and partnership in terms of

English
1 answer:
vova2212 [387]3 years ago
6 0

Answer:

1. appropriation of profit

In sole trader business, the business is owned by a single individual who takes all the profits realized from the business within a given particular financial year. On the other-hand, partnership business would involve the sharing of the profits among the partners in that business thereby reducing their profits.

2.equity accounts

In sole trader business, the equity of accounts lies solely on the expenses as well as sales made by the individual who owes the business while in partnership business, the equity would take into account the different individual expenses of the different partners such as their accommodation, or daily expenses.

3.net profit​:

In sole trader business, the net profit is maximised because, the accounts expenses would be minimal while in partnership business, the net profits would be minimal due to various expenses among the partners which has to be taken into account.

Explanation:

You might be interested in
Check which words are misspelled
Serjik [45]

Answer:all of them

Explanation:

6 0
3 years ago
Read 2 more answers
1. According to Mary Shelley's 1831 introduction, where did she get her inspiration for
lozanna [386]

Answer:

According to Mary Shelley's 1831 introduction, where did she get her inspiration for Frankenstein?  Mary Shelley was only 18 when she began writing Frankenstein. Her parents were both well-known writers. ... The idea both frightened her and inspired her ghost story, which later became Frankenstein.

5 0
3 years ago
Which type of rock forms because of high heat and pressure ?
kvasek [131]

The rock that is formed by high heat in pressure is C. Metamorphic rock

Rocks that are weathered and eroded is A. Igneous rock

4 0
3 years ago
Read 2 more answers
In a plane, if a line is perpendicular to one of two parallel lines, then it is perpendicular to the other line also.
dlinn [17]

The definition provided in the question refers to the Perpendicular Transversal Theorem about lines, as stated in option D and further explained below.

<h3>What is the Perpendicular Transversal Theorem about?</h3>

Imagine we have two parallel lines in a plane. Now, we draw another line that is perpendicular to one of them. According to the Perpendicular Transversal Theorem, this line will be perpendicular to both lines, since they are parallel.

The explanation above is the same as the definition provided in the question. Therefore, we can conclude that the correct answer is Perpendicular Transversal Theorem, option D.

Learn more about parallel lines here:

brainly.com/question/1698138

#SPJ1

5 0
1 year ago
The following statement: "It [the canal] was justly hailed as an enterprise of breathtaking boldness." is what?
Svetllana [295]
I would have to say B.
5 0
3 years ago
Other questions:
  • Which sentence most clearly uses connotation to express a feeling of excitement?
    7·2 answers
  • Which "masks" does author Jonathon swift use in Gulliver's travels to conceal real people, places, and beliefs of his day?
    9·2 answers
  • Which scenarios are examples of students using effective presentation skills in a student council meeting? Select two options.
    6·2 answers
  • Is a killer whale bigger than a blue whale? yes or no
    11·2 answers
  • How do Hally’s memories help advance the plot?
    9·2 answers
  • Summary of the 5th amendment
    12·2 answers
  • 5 prayer negative present simple sentences​
    12·1 answer
  • 9. What does being an American mean to Yezierska?
    7·2 answers
  • The trash is wrapped in new bundle. underline the adjective​
    10·2 answers
  • What is the staging and set design, as indicated by the script, from a streetcar named desire?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!