Long corporation is a fabric manufacturing company. On January 20, Long made sales to Lyndsay Lace in the amount if $15,000 with terms of 2/10, n/30. Lindsay's paid Long on January 28. Long records Accounts receivables and sales at the gross price. Prepare the related journal entries for Long

Select the statement that indicates tina's company is a partnership. tina jones is a dancer specializing in latin dance styles. she always wanted to have her own dance studio where she could teach dancing to young and old alike. in 2006, she opened her first dance studio, electric diva, in madison triangle. it was a great choice as a business location because it's well-connected by highways to most places in the city. she leased the space for three years. her initial investment included a good sound system, cheerful interior design, and strong flooring. to raise capital for the business, tina turned to her brother-in-law, philip. philip made half the financial investment. he manages the accounts and social media needs of the business. he has a 30% share in trisha's business. together, they expanded the business to three dance studios in the city and plan to open franchises in other cities.

rural residential development company and suburban real estate corporation form a joint stock company. the longest duration a joint stock company can be formed for is

According to herman, one of the differences of managing a nonprofit versus a for-profit corporation is