Accounting Work
Wednesday, 3 August 2016
Which is an advantage of corporations relative to partnerships and sole proprietorships?
Which is an advantage of corporations relative to partnerships and sole proprietorships?
Increased difficulty of raising funds
Harder to transfer ownership
Reduced legal liability for investors
Most common form of organization
What kind of classification is cost of goods sold?
Liability
Asset
Expense
Revenue
The payment of dividends is an example of a(n)
Delivery activity.
Investing activity.
Operating activity.
Financing activity.
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