General Ledger Question:
Explain What is meant by business?
Answers:
Answer #1
Business is an activity performed with the sole intention of earning profit. The activity may vary according to the scope and volume.
Business is an activity performed with the sole intention of earning profit. The activity may vary according to the scope and volume.
Answer #2
Buying the goods selling the goods and services for the profit motive for some period of time is known as business.
Buying the goods selling the goods and services for the profit motive for some period of time is known as business.
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