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a separate legal entity who owns assets, has liabilities, pays taxes, can enter into contracts and can be sued in a court.
First In First Out method whereby stock is issued in the order it is received.
profit calculated as gross product minus all operating costs not included.
inventory system where a record is kept of the movement of stock in and out of businesses...
(also called indigenous trading) any form of business activity that it not registered, does not...
(also called return to drawer) term the bank uses to mark and return cheques that they can't pay...