33.
The correct answer is e. Sole Proprietorship.
Explanation:
Sole Proprietorship is formed by the ownership of a single person and he is the only one who controls it but all the remaining options do form by the ownership of an organization like shareholders/partners or group of people etc..
Hence, Sole Proprietorship do not form by the ownership of an organization.
Note: As per HOMEWORKLIB RULES, the first question is answered. Please post the remaining each question in separate posts.
3. Each of the following is a form of ownership of an organization except a. Manufacturing...
33. Each of the following is a form of ownership of an organization except a. Manufacturing b. C-Corporation c. S-Corporation d. Partnership e, Sole Proprietrorship 34. A stock dividend can be declared or issued a. only if there is sufficient cash. b done so that cash is kept internally 35. The statement of cash flows is: a. a required general purpose report b an optional financial statement c. a supplement to the balance sheet 36. The declaration and issuance of...
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Click to watch the Tell Me More Learning Objective 4 video and then answer the questions below. 1. While preparing the cash flow statement of a company, its accountant observed an increase of $100,000 in the value of cash and cash equivalents of the company. Which of the following is true of the journal entry the accountant is likely to prepare to record the increase of cash and cash equivalents for the year assuming that the company was likely to...
Click to watch the Tell Me More Learning Objective 4 video and then answer the questions below. 1. While preparing the cash flow statement of a company, its accountant observed an increase of $100,000 in the value of cash and cash equivalents of the company. Which of the following is true of the journal entry the accountant is likely to prepare to record the increase of cash and cash equivalents for the year assuming that the company was likely to...
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