state the types of business organizationsthere
State the types of business organizations
There are numerous types of business organizations:
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state the relationship between return and riskthis relationship between return and risk has significant implications for setting financial objectives
explain the term- not-for-profit organisationsthere are many organisations that dont exist mainly for the pursuit of profit instance
the nature of accounting accounting is process of recording analyzing summarizing and interpreting financial money-related activities to allow
determine the various forms of business organizationsthere are various forms of business organizationso business-organizations objective is to earn a
state the types of business organizationsthere are numerous types of business organizations service business-doctors lawyers barber shop etc
what are the elements of accounting assetsassets are items with money value which are owned by a business some instance are cash accounts receivable
define the term - liabilitiesliabilities are debts owed by business paying cash is generally not possible or convenient so businesses purchase
what is owners equitydifference between liabilities and assets is owners equity the can also be known as capital proprietorship or net
business transactions and the accounting equationa transaction is any activity which changes the value of a firms assets liabilities or owners
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