An organization that receives contributions from employees and/or their employers and invests the proceeds on behalf of the employees for use during their retirement years is called a (n)

Janus, Inc. invests excess cash of $100,000 in corporate bonds on March 30, 2017. The bonds mature 20 years from the date of purchase. Janus plans to hold the bonds until maturity. How does the March 30, 2017 transaction affect the accounting equation?

A) liabilities will increase B) equity will decrease C) long-term assets will decrease D) total assets will remain unchanged

Although many retail stores are independently owned, others band together under some form of corporate or contractual organization. Describe the four kinds of corporate or contractual organizations

What will be an ideal response?