Elle Wolfe is the owner of Sassycat Groomers, a pet grooming facility. She reports the business income on her personal tax return. What type and legal form of business would Sassycat be considered?
A) Retail & Sole proprietorship
B) Service & Corporation
C) Merchandising & Partnership
D) Service & Sole proprietorship
Correct Answer:
Verified
Q55: A hybrid business entity with characteristics of
Q56: Generally Accepted Accounting Principles (GAAP)are the rules
Q57: Financial information that is verifiable violates the
Q58: Which of the following do NOT pay
Q59: According to the cost principle, if an
Q61: Cash accounting recognizes business transactions when they
Q62: In the financial accounting records, most assets
Q63: Taking an inventory of goods on hand
Q64: IFRS stands for:
A)Internal Financial Report Standards.
B)International Financial
Q65: Neil owns a sporting goods store. In
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents