La Plata County is one of the 64 counties in the U.S. state of Colorado. As of the 2010 census, the population was 51,334. The county seat is Durango. The county was named for the La Plata River and the La Plata Mountains. La plata is the Spanish language word for silver. La Plata County comprises the Durango, CO Micropolitan Statistical Area. The county is home to Durango Rock Shelters Archeology Site, the type site for the Basketmaker II period of Anasazi culture.
A collective is a group of entities that share or are motivated by at least one common issue or interest, or work together to achieve a common objective. [citation needed] Collectives can differ from cooperatives in that they are not necessarily focused upon an economic benefit or saving, but can be that as well.
In accounting we treat a business or an organization and its owners as two separately identifiable parties. This concept is called business entity concept. It means that personal transactions of owners are treated separately from those of the business.Businesses are organized either as a proprietorship, a partnership or a company. Under the business entity concept, only 1/3rd of the rent or $1,000 should be charged to business, because the other 2 rooms or $2,000 worth of rent is expended for personal purposes.