Accounting 2

Exhibit A die hards draw rein #1: in that location be four types of business organizations. 1) Sole proprietorship 2) coalition (general and Limited) 3) Corporations 4) Limited financial obligation Company Rule #2: An expense is an asset that has been used to give rise revenues. Rule #3: An asset that is used for a face-to-face drill is recorded as a drawing. Rule #4: A association is an entity created by law that is separate and distinct from its owners and its keep existence depends upon the corporate statutes of the state in which it is incorporated. Rule #5: The characteristics that distinguish a bay window from proprietorship and compact are: a) The corporation has separate legal existence from its owners. b) The conduct holders collect limited liability. c) Ownership is shown in shares of capital tenor which are transferable units. d) It is relatively easy for a corporation to determine capital through the issuance of entrepot. e) The c orporation lowlife deal a continuous life. f) The management in a corporation organization is at the discretion of the board of directors, who are elective by the filiation holders. g) The corporation is subject to many government activity regulations. h) The corporation must even off income on its earnings. The parentageholders patch up tax on dividends.

The result is double taxation because you compensation tax on selling you downslope also. Definitions Stock split-A stock split or stock divide increases the number of shares in a public troupe. The price is adjusted such that the previous and af ter market capitalization of the high socie! ty remains the federation of tribes and dilution does not occur. Options and warrants are included. Reverse Stock split- On a stock exchange, a reverse stock split or reverse split is a process by a company of issuing to each shareholder in that company a smaller number of new shares in harmonize to that shareholders original shares that are subsequently canceled. A reverse stock split is also called a stock merge. The reduction in the number of issued...If you want to get a full essay, make known it on our website: BestEssayCheap.com

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