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withdrawalsCommerce and trade refer to the exchange and distribution of goods or ... of earning a profit by providing a product or service; also called businessenterprise. ... Businesses include everything from a small owner-operated company such as a ... Learn to assess the systems by which businesses generate their revenue

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What is a business firm with many owners who each owns shares called?

A business with many owners with each owning shares of the firm is called a corporation. Corporations can be a profit or not for profit business.


What is a business of two or more owners?

This would be called a partnership.


What does distributions from owners int non-adr mean?

Oh, dude, like, distributions from owners into non-ADR just means when the owners of a company take some cash out for themselves instead of reinvesting it back into the business. It's like when you're playing Monopoly and you decide to pocket some of the fake money instead of buying more properties. It's all about the owners getting their slice of the pie, man.


How drawings account is contra equity account?

Drawing account is used to reduce the capital by the owners of the business from business that's why it is called the contra account for equity account.


Decrease in assets from purchasing companys own stock is what type of element of financial statement?

distributions to owners


Why is owners equity regarded as a liability to the business?

Owners equity is the amount invested by the owner of business to the company and as a seperate entity it is the liability of the business to return back that amount to owners as owners are seperate entity to business.


What are the distributions to shareholders by a corporation called?

Dividends


What was the growing social class made up of business owners and managers called?

middle class


What is it called when people open and run their own businesses?

People who open a business are often called entrepreneurs. And some are just called "small business owners." Once it is up and running it is called "a going concern"


Is owners equity equal to the business liabilities less the business assets?

No. Owners Equity is equal to Business Assets less Business Liabilities.


What is the name of a person who caught runaway slaves and returned them to their owners?

A person whose business was catching escaped slaves to return them to their owners was called a "slave catcher."


What happens when the owner invests cash in a business?

When owner invests more cash in business it increases the owners capital in business and business becomes more liable towards it's owners.