Homework answers / question archive / Module 1Accounting: The Language of Business BluJay Aviation BluJay Aviation: Episode 1 BluJay Aviation is the sample company that will be used throughout the course to illustrate the concepts you learn in each module

Module 1Accounting: The Language of Business BluJay Aviation BluJay Aviation: Episode 1 BluJay Aviation is the sample company that will be used throughout the course to illustrate the concepts you learn in each module

Accounting

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Module 1Accounting: The Language of Business

BluJay Aviation

BluJay Aviation: Episode 1

BluJay Aviation is the sample company that will be used throughout the course to illustrate the concepts you learn in each module. We will follow BluJay as it gets its business and accounting system off the ground, and in the second half of the course, the activities will center around this company and its future. In the first episode, the would-be entrepreneurs find and review financial statements for investment opportunities.

Watch BluJay Aviation - Episode 1, and then complete the quiz.

Drag the words into the correct boxes

 

Corporation1 of 3.

Partnership2 of 3.

Sole Proprietorship3 of 3.

1.  – the simplest form of business and not a legal entity

2.  – A business that is formed when two or more proprietors join together to own a business

3.  – A separate legal entity that is established by filing articles of incorporation in a state