BEC Cheat Sheet (Summary).xls_第1页
BEC Cheat Sheet (Summary).xls_第2页
BEC Cheat Sheet (Summary).xls_第3页
BEC Cheat Sheet (Summary).xls_第4页
BEC Cheat Sheet (Summary).xls_第5页
已阅读5页,还剩5页未读 继续免费阅读

下载本文档

版权说明:本文档由用户提供并上传,收益归属内容提供方,若内容存在侵权,请进行举报或认领

文档简介

Business Structrue Comparison Natures General PartnershipLimited Partnership Designation of ownersGeneral PartnersGeneral Partners State Filing required NoYes Filing certificated of LP with names of all GP FormalityInformalFormal Limited Liability Unlimited LiabilitiesUnlimited Liabilities Right Partnership Interest Right to Partnership Interest Right to Partnership Interest Right Partnership Property Right to Partnership Property Right to Partnership Property Right Partnership Mgmt Right to participate in partnership management Right to participate in partnership management Agents Partner is agent to the Partnership Partner is agent to the Partnership C Corporation Limited PartnersShareholders Yes File Articles of Incorporation Formal Limited LiabilitiesLimited Liabilities InterestInterest No rights to partnership property No right to the Corp s property No management except can look at the books and vote No management except can look at the books and vote Not automatically agent Not automatically agent Right of Survirorship Business Structrue Comparison Limited Partnership Yes Filing certificated of LP with names of all GP Formal LLP vs LLC Comparison Business Structues NaturesLimited Liability Company LLC Limited Liability Partnership Designation of ownersMembersPartners Taxation Taxed as partnership or sometimes CorporationTaxed as partnership FormalityFormalFormal State Filing required Yes File Articles of Organization Yes File Statement of Qualification Minimum owners required1 2 Limited Liability Limited Liability for Contracts and debts Unlimited liability for malpractices or negligence Limited liability for malpractices or negligence Unlimited Liability for Contracts and debts Ease of Formation Forming LLC requires creatin a new entity Forming LLP can be converted from an existin partnership Agents Agents Members depends Agents Business Structrue Comparison Natures General Partnership Limited Liability PartnershipLimited Partnership Designation of ownersPartnersPartners General partners and limited partners State Filing required No Yes File Statement of Qualification Yes Filing certificated of LP FormalityInformalFormalFormal Persons with authority to bindPartnersPartnersGeneral partners Internal governing documents Partnership agreements Partnership agreements and application for LLP Certificate and Partnership agreement Limited LiabilityNo Partners are generally not liable for partnership obligations unless caused by their own negligence General Partner Unlimited Personal Liability Limited Partner Only investment is at risk Ownership interest treated as security 所所有有者者的的这这种种权权利利 是是否否可可以以认认为为是是一一 种种有有价价的的证证券券In general NoIn general No No for general partnership interest Yes for limited partnership interest Transferrability Partners cannot transfer ownership interest without unanimous consent Partners cannot transfer ownership interest without unanimous consent Partners whether general or limited cannot transfer ownership interest without unanimous consent Taxation Pass through entity not taxed Pass through entity not taxed Pass through entity not taxed Limited Liability Company LLC C CorporationS Corporation MembersShareholdersSharholders Yes File Articles of Organization Yes File Articles of Incorporation Yes File Articles of Incorporation election of S status FormalFormalFormal Members manage directly or can agree to appoint a managerOfficers DirectorsOfficers Directors Articles of organization and operating agreement Articles of Incorporation and bylaws shareholder agreements Articles of Incorporation and bylaws shareholder agreements in general Yes对自己犯 的错是无限的YesYes Generally if all members do not have management authority the interest is similar to LLP interestIn general yesIn general Yes Absent agreement otherwise members cannot transfer ownership interest without unanimous consent Shareholders are free to transfer ownership interest unless they agree otherwise Shareholders generally may transfer ownership unless they agree otherwise but can t transfer to foreign or entity shareholders Pass through entity not taxed Income taxed at corporate level and taxed again to shareholders when dividends are distributedPass through entity not taxed Business Structrue Comparison 2010 Wiley Textbook Process Costing example Page 292 Weighted Average Method Units of completion EUP Beg Unites80025 Started4200 Units to account for5000 Completed4000100 4000 Spoilage0 Ending Units100020 200 Unites to account for5000 Converstion cost Weighted Average TC EUP 14 532 42003 46 FIFO Units of completion EUP Beg Unites80025 Started4200 Units to account for5000 Completed from beginning WIP 80075 600 Completed start this year 3200100 3200 Spoilage0 Ending Units100020 200 Unites to account for5000 Converstion cost FIFO Current cost EUP 14 000 40003 5 Conversion Cost to be allocatedMaterial to be allocated Total 13 840408017 920 69210201 712 14 532510019 632 Conversion Cost to be allocatedMaterial to be allocated Total current cost 2 1006722 772 11 200268813 888 7008401 540 14 000420018 200 Total cost carried forward from Prior year

温馨提示

  • 1. 本站所有资源如无特殊说明,都需要本地电脑安装OFFICE2007和PDF阅读器。图纸软件为CAD,CAXA,PROE,UG,SolidWorks等.压缩文件请下载最新的WinRAR软件解压。
  • 2. 本站的文档不包含任何第三方提供的附件图纸等,如果需要附件,请联系上传者。文件的所有权益归上传用户所有。
  • 3. 本站RAR压缩包中若带图纸,网页内容里面会有图纸预览,若没有图纸预览就没有图纸。
  • 4. 未经权益所有人同意不得将文件中的内容挪作商业或盈利用途。
  • 5. 人人文库网仅提供信息存储空间,仅对用户上传内容的表现方式做保护处理,对用户上传分享的文档内容本身不做任何修改或编辑,并不能对任何下载内容负责。
  • 6. 下载文件中如有侵权或不适当内容,请与我们联系,我们立即纠正。
  • 7. 本站不保证下载资源的准确性、安全性和完整性, 同时也不承担用户因使用这些下载资源对自己和他人造成任何形式的伤害或损失。

评论

0/150

提交评论