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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    Download as xlsx, pdf, or txt
    2 views2 pages

    Assignment1Q2

    Uploaded by

    b24219

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 2

    Q2 FEATURE SOLE TRADERSHIP PARTNERSHIP ONE PERSON COMPANY

    No. of Members 1 2 to 50 1
    Liability of Owners
    (Limited/Unlimited) Unlimited Unlimited Limited
    Business/ Corporate Tax
    (Yes/No) No No Yes
    Whether Salary of owners is
    an expense in Income
    Statement (Yes/No) No Yes Yes
    PRIVATE LIMITED COMPANY PUBLIC LIMITED COMPANY
    2 to 200 7 to Unlimited

    Limited Limited

    Yes Yes

    Yes Yes

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