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Accounting Comic Strip Assignment

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Accounting Comic Strip Assignment
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  • That amazing Kate what kind of business are you going to run, is it going to be a partnership or solo proprietorship?
  • Wait...what?...What that?
  • Hey John, I was think about starting a small business!!!
  • A Solo Proprietorship is a business owned by one person...
  • ...and a Partnership is owned by two or more individual.
  • oh....ok......
  • Ok what kind of corporation are you going to run?
  • there are different types of corporation that you can run... theres Private, Public, Crown, and Municipal Corporation.
  • Wait what do you mean by what kind of corporation?
  • oh wow I guess I didn't think that far ahead.....I think that my business will be a solo proprietor.
  • And a Crown Corporation is a government run business and a Municipal Corporation is a business that provides services locally.
  • A Public Corporation raises money by making shares available to everyone......and a Private Corporation is only shared by a few people in the business
  • Oh wow I guess I have a lot more to think about when it comes to starting my business.
  • oh really.....
  • Yeah but don't worry you are on the right track and I can always help out.
  • Thank you so much!
  • The End
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