In a general partnership,

a. the business continues even if one partner dies.

b. partners must pay specific business taxes.

c. partners usually draw up legal papers called articles of partnership.

d. partners are only liable for the business's debt up to the amount of their investment.

Principals are an administration career

Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $360,000; cash paid for rent, $44,000; cash paid to employees for services rendered during the year, $124,000; cash paid for utilities, $54,000.in addition, you determine that customers owed the company $64,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,400 at year-end, and the rent payment was for a two-year period.calculate accrual net income for the year.

Use the internet to research legal concerns that could result from increased use of technology in business. discuss some of these concerns.