Types of Transactions

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Types of Transactions

The main reason for establishing any business is to make a profit. Periodically therefore the businessman would want to ascertain the business profit or loss. To do this, certain values are computed.

These are:

Cost of Sales: Cost of sales, which is also called the cost of goods sold, represents the actual cost price of an ...

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JSS2: BUSINESS STUDIES – 1ST TERM

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