Explain Agricultural business
Explain the term Agricultural business in term of Accounting?
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Agricultural business: This business is joined with production of raw material, vegetables, seeds, milk and cattle farming that are famous in many country. 70 percent are doing agricultural activities. Cow was its main wealth. Although it is sad story of agricultural business which they are not wasting their valuable product cow by selling to butchers.
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Describe the term Arbitrage.
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Intangible assets: It is the asset that is not visible however we can feel them. The main examples of these assets are goodwill, patent and trade marks.
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