Hello! I have to fill in this comparison table between three types of enterprises. I filled in the parts of LLC an JSC, and I need to fill in the individual entrepreneur characteristics. please let me know if there are any mistakes in the parts I filled in. Thanks a lot! InvestmentLiquidity*Transfer of shares mustbe decided by thegeneral board andvotes, otherwise agreed requirements like theby the article ofA share transfer doesnot requireLLC's.incorporation.Period of existenceInfinite (until windingup)Infinite (until windingup) CriteriaThe organizational and legal formEconomicpartnershipIndividualEconomic societyentrepreneur(JSC)(LLC)Simplicity of theCreationsimplicity in creationrequires moreand documentation anddocumentations andcarrying out operationsof the company.геcords.Conorol over theaccivitiesHas no limitednumber. It usuallyHas a limited number ofcontrolled by a boardof directors.shareholders, and oneor more should beappointed as a papaKRSALiability of the- shareholders: liability- shares are jointlyis proportional to theirand severally liableowneTscapital contributionfor taxes, charges.- founder: liability islimited to the capital- founder: liability islimited to the capitalcontributed to thecontributed to theCompanyCompany

Individual Entrepreneurship is type of business operation where the entire business is owned and…

Hello! I have to fill in this comparison table between three types of enterprises. I filled in the parts of LLC an JSC, and I need to fill in the individual entrepreneur characteristics. please let me know if there are any mistakes in the parts I filled in. Thanks a lot!

Hello! I have to fill in this comparison table between three types of enterprises. I filled in the parts of LLC an JSC, and I need to fill in the individual entrepreneur characteristics. please let me know if there are any mistakes in the parts I filled in. Thanks a lot!

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Explain the steps in setting a new business in QuickBooks. What data do you need in order to successfully complete the set-up?
what should the standard be for a business method patent? Second, please include a discussion of whether you think that Amazon should be able to patent the One-Click method of ordering goods AND whether you think Facebook should be able to patent a process that “dynamically provides a news feed about a user of a social network.
We discussed what seemed to most as a new term, bright-line accounting. Please researchand describe in your own opinion what bright-line accounting means to you.
Review the imanet.org website to research more information about the Certified Management Accountant (CMA) certification. Choose one of the following questions to discuss: Discuss what you think the benefits of having the CMA certification are and what value a CMA brings to companies. Using the internet or other resources to research other accounting certifications, pick two other accounting certifications and compare them to the CMA. Do you think a certification only allows a professional to work in one field of accounting or another, or do the certifications cross subfields of accounting? Are there benefits to professionals pursuing more than one certification? Why or why not? Which certification do you personally find most interesting and valuable? Discuss what you think the benefits of having the CMA certification are and what value a CMA brings to companies
What is an example of how data analytics could be used to improve at least one segment of the business an example of how data analytics could be used to improve at least one segment of the business?
What is the easiest way to set up multiple companies, with the same owner, in Quickbooks? A. Use the Advanced/detailed Setup to go through the EasyStep Interview for each company, creating a separate company file for each. B. Use the Advanced/ Detailed Setup to go through the EasyStep Interview for the oldest company, then click File >Add Additional Business at the end of the interview l. C. Purchase a separate Quickbooks license for each company. You will create different icons for each company on your desktop. D. Set up classes for each company within the parent company file. This will allow you to print financial statements for each company.
If someone asked you now if you think accounting is important in our society, what will you say?
Hello! Please help me answer the question and activity costs. they are both in bold. Thank you!! :) Selecting Chart of Accounts The company’s accounting intern is new and has confused the Finn Corporation’s regular chart of accounts with the proposed chart of accounts for the lean accounting system. Review the charts of accounts on the Chart of Accounts I and Chart of Accounts II, and then answer the following question. Which chart of accounts should Finn Corporation most likely implement if they want to use lean accounting principles? (chart of accounts I, chart of accounts II, both will work equally well) Question Content Area Cost of Quality Report This year, Finn Corporation implemented programs designed to assess the costs of quality for the company. However, the company recently suffered a data loss, and some of its records have been either partially or completely erased. The accounting intern for Finn Corporation has located a copy of a recent cost of quality…
They are going to start a manufacturing company and need help deciding what entity type to choose to conduct business. Discuss the pros and cons of each business entity type and make a recommendation to client.
Brian just completed a Client Needs Assessement and his client confirmed that she will requre profitability tracking, and need to create budgets and purchase orders in her accounting solution. What is the mimimum Quick Books online version suitable for Brian's client?