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提问人：网友mengfeng150 发布时间：2022-01-07

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Amy is a sole trader and had assets of $569,400 and liabilities of $412,840 on 1 January 2

0X8. During the year ended 31 December 20X8 she paid $65,000 capital into the business and she paid herself wages of $800 per month. At 31 December 20X8, Amy had assets of $614,130 and liabilities of $369,770. What is Amy’s profit for the year ended 31 December 20X8？

A、$32,400

B、$23,600

C、$22,800

D、$87,800

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更多“Amy is a sole trader and had assets of $569,400 and liabilities of $412,840 on 1 January 2”相关的问题

第1题

The accounts of sole trader must always make financial accounts publicly available.

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第2题

The major difference between the statement of profit or loss for a sole trader and that for a limited liability company is that business of sole trader does not need to pay corporate tax.

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第3题

（教材P15-8）Which one of the following statement is true in relation to a sole trader？

A、A sole trader cannot have any employees

B、A sole trader is able to introduce or withdraw capital from the business at any time

C、A sole trader has limited liability for the debts of the business

D、A sole trader can operate a business from only one location

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第4题

A _________ is a person who runs a one-man business and takes all the profits and all the risks.

A、sole trader

B、partner

C、investor

D、shareholder

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第5题

The advantages of a sole trader is that the owner's liability is limited because the entity is a separate legal person.

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第6题

（）– the oldest form of trading , it’s also the simplest and the most common type of business you’ll find.

A、Partnership

B、Company

C、Franchise

D、Sole trader

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第7题

（）is the usual form for small shops and businesses that provide services such as beauticians, hairdressers, photographers, gardeners and so on.

A、Partnership

B、Company

C、Sole trader

D、Franchise

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第8题

The type of business unit which is described as sole trader（） is one which is owned, run and controlled by one person.

A.master

B.owner

C.manager

D.worker

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第9题

__________ is an individual who commits money to investment products with the expectation of financial return.

A、acquisition

B、entrepreneur

C、investor

D、sole trader

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第10题

Which groups of people are most likely to be interested in the financial statements of a sole trader？

A、Shareholders of the company

B、The business’s bank manager

C、The tax authorities

D、Financial analysts

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