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Business organization
...
The different forms of business organisations and its definition and
some examples
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(dholl puri seller)
Partnership is own and control by more than one entrepreneur
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(coca cola )
Cooperatives is a business organisation that is owned by its members who
share its profit or benefits
...
The basic question that entrepreneur should consider before setting a
company
...
Sole trade advantages profit are not shared, nobody can put pressure,
own boss, easy to set up, easy to manage and control
...
disadvantages profit are shared, lack of continuity,
disagreement between partners
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Step 1 calculate the total of both sides, namely, Dr and Cr
Step 2 the difference between both is known as balance c / d
Step 3 record the same amount as balance b/d on the opposite side below the
total