Which of the following is a similarity between a sole proprietorship and a partnership? a. Both their earnings are untouched by the Internal Revenue Service.
b. Both offer limited liability to the owners.
c. Both are subject to double taxation. d. Both have stronger financial bases than a limited liability company.

The following information is available for ellen's fashions, inc. for the current month. book balance end of month $ 7 comma 000 outstanding checks 700 deposits in transit 4 comma 500 service charges 120 interest revenue 45 what is the adjusted book balance on the bank reconciliation?

Mark knopf is an auditor who has been asked to provide an audit and financial statement certification for a company that is going public on the new york stock exchange. knopf wants to know his personal liability if the company provides him with inaccurate or false information. which of the following sources of law will him answer that question? a. the city ordinances where the company headquarters is located. b. the state constitution of the state where the company is incorporated. c. code of federal regulations. d. all of the above

Adisadvantage of corporations is that shareholders have to pay on profits.