Results (
English) 2:
[Copy]Copied!
The word entity means something that exists independently '. A business entity is a business that exists independently of those who own the business. There are three main categories of business which will be found in all countries, although with different titles in different ones. This. chapter uses the terminology common to the UK. The three main categories are: sole trader, partnership and limited liability company. This list is by no means exhaustive but provides sufficient variety to allow explanation of the usefulness of most accounting practices and their application. Before. reading the next sections, take out a newspaper with business advertisements or a business telephone directory, or take a walk down your local high street or drive round the trading estate. Write down the names of five businesses, shops or other organisations. Then read the. sections and attempt to match your list against the information provided in each. Operation is what it means to exist independently. Corporate business is a business that exists independently of who owns the business. There are three main types of business, which is found in all countries, despite different names in different people. In this common terminology used in the UK three main types of operators, exclusive partnerships and limited liability company, this list is not exhaustive. However, there is enough variety to give a description of the most useful accounting practices and the application of them.
Being translated, please wait..
