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The answer is yes. When doing so, the debts of the purchased business belong to the new owner.
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∙ 10y ago
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If you have enough money to purchase either a house or a business Which would you choose to buy?
a business u would earn from a business and probably buy a house later....
What is a business transaction?
Answer:It is the business event ( activity ) which can be measured in term of money. and which must be recorded in business book ( or system) of account. For example to buy raw material for your business. Raw material has a money value. so we can measured the raw material in term of money. ( it costs 2000$ to buy a machine)
What are the uses of capital in a business?
Capital is the money used to finance a business, to buy assets, and to operate the business. Businesses need capital to pay rent or buy space for the business, pay employees, buy equipment, supplies, and furniture, pay for professional help, build new plants, develop new products, and upgrade information technology.
What happens to the money if a share of stock sells lower than what you paid for it where does the money go?
Basically the money doesn't go anywhere. When you buy a stock you will get a confirmation statement from your broker, showing the amount you paid for the stock + the commission. When you sell the stock you will also get a confirmation statement from your broker, showing the amount you sold the stock for - the commission. You compare the "Net Amount" from those two statements to see if you made a profit or had a loss. Either way, that must be reported to the IRS. The "Value" of your stock can go up or go down or stay the same. Once you buy a stock the amount you paid is only meaningfull to you and the IRS, as the only other time the IRS cares about the "Value" of your stock is when you sell it. The money is gone once you buy the stock - you can think of it as it went to whomever sold it.
Do you assume the debts of the business that you buy?
Unless otherwise stated in the Sales/ Purchase agreement, yes you do. Generally, when you buy a business, you buy the ENTIRE business, debts included.
How do you buy an ice cream truck business?
With money.
If you have enough money to purchase either a house or a business Which would you choose to buy?
a business u would earn from a business and probably buy a house later....
What is a business transaction?
Answer:It is the business event ( activity ) which can be measured in term of money. and which must be recorded in business book ( or system) of account. For example to buy raw material for your business. Raw material has a money value. so we can measured the raw material in term of money. ( it costs 2000$ to buy a machine)
Best types of money safes and where to buy them?
You can buy money safes for business at business supply stores like Staples or Office Depot. You can also purchaase them online at www.buyasafe.com/Drops+Boxes .
Does Johnny Depp fly to his island?
no he owns a 156ft yhat and he has said "money cant buy you happiness but it can buy you a big enough yhat to sail right to it".
How can a pakistani buy a home in uk?
Anyone can buy property in the UK if they have the money, there is no restriction on foreign ownership.
Do the Amish people use money?
Yes, but their wealth is based not on how much money they earn, but on how much money they keep. They do not buy things that are not needed, such as electrical gadgets, electronic gizmos, cars, insurance, etc. The money is saved for the purchase of farm land or to start an Amish business. So while the average non-Amish becomes a slave to the debt master and the task master, the average Amish owns land and/or a business and their only master is God.
How do you buy sport car?
Go to a car dealer, or a sports car business, then get enough money to buy one.
how do i start a silk flower business?
You need money to buy the supplies and rent a space and apply for a business license and have some money for the first few months at least.
Who knows how the business makes money who its customers are and why customers buy what the company sells?
Human Resource Management.. Business allies..
Who owns dalmatians?
Um i think anyone can own a Dalmation ... as long as you have the time to take care of it and of course the money to buy one!
Who owns plantations?
some people that owned it some people that owned it
