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ACC 290 Week 1 Practice Connect Knowledge Check//tutorfortune.com<br><br>Click on below link to buy<br>https://tutorfortune.com/products/acc-290-week-1-practice-connect-knowledge-check-1<br><br>ACC 290 Week 1 Practice: Connectu00ae Knowledge Check<br><br>Complete the Week 1 Knowledge Check in Connectu00ae.<br><br>Note: You have unlimited attempts available to complete this practice assignment. The highest scored attempt will be recorded.<br><br>These assignments have earlier due dates, so plan accordingly.<br><br>Grades must be transferred manually to eCampus by your instructor. Don't worry, this might happen after your due date.<br><br> <br><br>The form of a business organization that is not affected by the withdrawal or death of an owner and can continue indefinitely is the<br><br>Multiple Choice<br><br>u2022 <br><br>corporation.<br><br>u2022 <br><br> sole proprietorship.<br><br>u2022 <br><br>nonprofit organization.<br><br>u2022 <br><br>partnership.<br><br> <br><br>When the owner invests equipment in a business,<br><br>Multiple Choice<br><br>assets increase and owneru2019s equity decreases.<br><br>u2022 <br><br> assets and owneru2019s equity increase.<br><br>u2022 <br><br>assets and revenue increase.<br><br>u2022 <br><br>liabilities decrease and owneru2019s equity increases<br><br> <br><br>The Statement of Owner's Equity is calculated as follows:<br><br>Multiple Choice<br><br>beginning capital net income withdrawals additional investments = ending capital<br>beginning capital net loss u2212 withdrawals additional investments = ending capital<br><br>beginning capital net income u2212 withdrawals additional investments = ending capital<br><br>u2022 <br><br>beginning capital net loss withdrawals additional investments = ending capital<br><br><br><br>The Financial Accounting Standards Board is responsible for<br><br>Multiple Choice<br><br>u2022 <br><br>auditing financial statements.<br><br>u2022 <br><br>developing generally accepted accounting principles.<br><br>establishing accounting systems for businesses.<br> <br>ACC 290 Week 1 Practice: Connectu00ae Knowledge Check<br><br>Click on below link to buy<br>https://tutorfortune.com/products/acc-290-week-1-practice-connect-knowledge-check-1<br>
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ACC 290 Week 1 Practice Connect Knowledge Check//tutorfortune.com Click on below link to buy https://tutorfortune.com/products/acc-290-week-1-practice-connect-knowledge-check-1 A C C 2 9 0 We e k 1 P r a c t i c e : C o n n e c t ® K n o w l e d g e C h e c k C o mp l e t e t h e We e k 1 K n o w l e d g e C h e c k i n C o n n e c t ® . N o t e : Y o u h a v e u n l i mi t e d a t t e mp t s a v a i l a b l e t o c o mp l e t e t h i s p r a c t i c e a s s i g n me n t . T h e h i g h e s t s c o r e d a t t e mp t w i l l b e r e c o r d e d . T h e s e a s s i g n me n t s h a v e e a r l i e r d u e d a t e s , s o p l a n a c c o r d i n g l y . G r a d e s mu s t b e t r a n s f e r r e d ma n u a l l y t o e C a mp u s b y y o u r i n s t r u c t o r . D o n ' t w o r r y , t h i s mi g h t h a p p e n a f t e r y o u r d u e d a t e . T h e f o r m o f a b u s i n e s s o r g a n i z a t i o n t h a t i s n o t a ff e c t e d b y t h e w i t h d r a w a l o r d e a t h o f a n o w n e r a n d c a n c o n t i n u e i n d e fi n i t e l y i s t h e Mu l t i p l e C h o i c e • c o r p o r a t i o n . • s o l e p r o p r i e t o r s h i p . • n o n p r o fi t o r g a n i z a t i o n . •
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