SS 3 Book Keeping (1st Term)

book keeping

SOURCES OF CAPITAL

Sources of capital refer to the various ways or channels through which businesses or individuals can obtain funds or financial resources to support their operations, investments, or other financial needs. These sources can include: 1. Equity capital: Equity capital represents funds raised through the sale of ownership interests in a business. It can be obtained …

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book keeping

BUSINESS ORGANISATION

What is a Business? The term “business” describes the activities of individuals, institutions or organizations to promote and distribute goods and services satisfying human wants in society at large. The business also refers to the activity of providing goods or services to customers in exchange for money or other valuable considerations. It involves various economic …

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