Writer one point of difference between private and public enterprises. Mention any two advantages and two disadvantages of sole trading concem VERY SHORT ANSWER QUESTIONS 1. Introduce the term business organization in one sentence. 2. What is private enterprise? 3. Introduce sole trading concern in one sentence. Write any four features of sole trading concern. 4. 5. 6. 7. Define partnership in one sentence. 8. Point out any four features of partnership firm. jiradyantages of partnership firm.

Writer one point of difference between private and public enterprises. Mention any two advantages and two disadvantages of sole trading concem VERY SHORT ANSWER QUESTIONS 1. Introduce the term business organization in one sentence. 2. What is private enterprise? 3. Introduce sole trading concern in one sentence. Write any four features of sole trading concern. 4. 5. 6. 7. Define partnership in one sentence. 8. Point out any four features of partnership firm. jiradyantages of partnership firm.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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