Acc 205 business law - Study guides, Class notes & Summaries

ACC 205 BUSINESS LAW NAU FINAL EXAM REVIEW UPDATE 2023.

ACC 205 WEEK 1-5 ACCOUNT CYCLE – FULL CYCLE LEVEL 1 ACCOUNT BALANCES Activity 2.a - The Four Items that Affect Equity Drag the items that affect equity into the expanded accounting equation, beginning with capital. Then, identify whether the item increases, '+', or decreases, '­'minus, equity. View drag and drop keyboard instructions Assets = Liabilities+ Owner Capital-Owner Withdraw+ Revenue – Expenses Activity 3.a - Classify the Accounts Classify which part of the expanded ...

Acc 205: Question and Answers Act of State Doctrine - ANSWER: International law Cannot evaluate validity of another nations decision in its own territory Determine appropriate punishment Alien Corporation - ANSWER: corporation doing business in another country than it was founded in Antidumping - ANSWER: selling of goods in a foreign country at a price below the price charged for the same good in the domestic market Articles of incorporation - ANSWER: Founding document setting up a corpo...