ACCT 424 Week 5 Discussions DeVry

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ACCT 424 Week 5 Discussions DeVry

Week 5 DQ 1

As we’ve learned this week, choosing a partnership as a tax entity has consequences different from those that arise from choosing the corporate form. Many of them can be quite dramatic, particularly if things go sour or if catastrophic, unforeseen circumstances arise—and many of them don’t have a thing to do with taxes. What are some of the more significant nontax consequences of choosing the partnership form? Which do you think is the most important? Why?

Week 5 DQ 2

Think of the workout room as a classroom chalkboard that will be used to discuss and work on problems each week. So, who will be the first brave student? Please start with Chapter 10, problem 27 on page 10-44.