Finanzas ComercialesPregunta 1201 de 1605
Which is the best reason to separate business and personal bank accounts?
a.It is required to get a building permit
b.It produces clean records for taxes, job costing, and protects the business entity's separate status
c.It lowers the sales tax rate
d.It doubles the contractor's bond
Explicación
A dedicated business account keeps income and expenses clearly documented for tax filing and job costing, and helps preserve the liability protection of a corporation or LLC by not commingling funds. It is a basic financial-management practice.
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Revisado por Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — verificar)