Business term as part of our Accounting
"Business term is the part of our Accounting". Illustrate this statement.
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Business term is the part of our Accounting. We can state business with the following way:
Business is all actions whose purpose is to earn money. A teacher teaches his own son or daughter is not business since he is not teaching his child for the aim of earning money. However similar teacher executes his private coaching center for offering coaching services. This coaching center is his business since he wants to earn money from that coaching center. He takes risk of his investment and as well interested to acquire high return on his investment.
For doing business, businessman has to give services or goods to customers. After taking risk, doing hard-work and giving goods or services, businessman gets return in the form of gain. However it is his risk. At time, he can too suffer loss in such activities.
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Required parts are clearly describes at the end of the questions and additional resource contains the journal article related to question three.. Approx 2000 word assignment.. First Question is of not more than 1000 words to make memorandum and its example is given at end of assignment and require
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