after assisting a new sole proprietor , it is best practice to advise them to...

60.1K

Verified Solution

Question

Accounting

after assisting a new sole proprietor , it is best practice to advise them to do all of the following except? A open a business checking account B open a busniss only credit card C plan to use the current years income and expenses again next year this avoids doing hassle of to much bookkeeping D track income and expenses throughout the year and save related documentation as backup

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students