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3 years ago

What are the advantages and disadvantages of private company

Business

1 answer:

Vlad [161]3 years ago

6 0

1)No Minimum Capital.

2)Separate Legal Entity.

3)Limited Liability.

4)Free & Easy transfer of shares.

5)FDI Allowed.

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Which of the following affects how the stock market behaves?

vovikov84 [41]

Answer:

interest rate that the answer

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2 years ago

Why is important to have a checking account savings account and certificate of deposit?

alexdok [17]

Answer:

So you can be prepared to handle future responsibilities about finances.

Explanation:

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3 years ago

Economic profit can be derived from calculating total revenues minus all of the firm's costs

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3 years ago

Mills Corporation acquired as an investment $260 million of 6% bonds, dated July 1, on July 1, 2021. Company management is holdi

aleksandrvk [35]

Answer:

Dr Investment in Bonds 260

Dr Premium on Investment in Bonds 40

Cr Cash $300

Dr Cash$7.8

Cr Premium on Investment in Bonds $1.8

Cr Interest Revenue $6

Dr Investment in bonds $260

Dr Premium on Investment in Bonds $40

Dr Premium on investment in Bonds -$1.8

Cr Carrying Value $298.2

Dr Cash $314

Dr Premium on Investment in Bonds $40

Dr Premium on investment in Bonds amortized -$1.8

Dr Investment in bonds $260

Cr Gain due to investment sale $15.8

( $260+$40-1.8)-314

Explanation:

Mills Corporation Journal Entry ( $ million)

Dr Investment in Bonds 260

Dr Premium on Investment in Bonds 40

(300 -260)

Cr Cash $300

Dr Cash

($260 million X 6% / 2) $7.8

Cr Premium on Investment in Bonds $1.8

Cr Interest Revenue

($300 million X 4% / 2) $6

Dr Investment in bonds $260

Dr Premium on Investment in Bonds $40

Dr Premium on investment in Bonds -$1.8

Cr Carrying Value $298.2

($260+$40-$1.8

Dr Cash $314

Dr Premium on Investment in Bonds $40

Dr Premium on investment in Bonds amortized -$1.8

Dr Investment in bonds $260

Cr Gain due to investment sale $15.8

( $260+$40-1.8)-314

8 0

3 years ago

The earnings of an investor-owned corporation can be subject to double taxation.

oksano4ka [1.4K]

<span>This is true. One of the biggest disadvantages of corporations is the fact that they are subject to double taxation. Double taxation is when a company or person declares a taxable income, transaction or asset and then two or more jurisdictions then tax that income.</span>

5 0

3 years ago

What are the advantages and disadvantages of private company​

What are the advantages and disadvantages of private company