4. A business transaction is considered an accountable event if it
affects the assets, liabilities, equity, income or expenses of the
business.
5. - You and your friend are members in a cooperative. You hold 1
share, while your friend holds 10,000 shares. During members'
meetings, your friend can cast 10,000 votes, whereas you can
only cast 1 vote.
6. Mr. A owns and manages a sole proprietorship business. The
financial reports prepared tailored to Mr. A's financial
information needs not general purpose financial
statements.
7. Mr. A (in #6 above) accepts Mr. B as co-owner to his business.
The business is now called A&B Co. The business of Mr. A
and Mr. Bis a partnership.
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sorry but Question samajh nhi aaya
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ok bor this is the nice question
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