As to ownership, a business may be classified as follows:
1. Sole Proprietorship
- this a business owned and operated by only one person.
2. Partnership
- a business owned by two or more persons called partner(s).
3. Corporation
- a business whose capital is divided into shares of stock, owned by several people called shareholders or stockholders.
4. Cooperative
- a business whose capital is owned by several people (generally poor people) called members.
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Accounting for Sole Proprietorship (reviewer)
Non-FictionThis is my reviewer and I wanted to share it with you. I tried my best for y'all to understand it. Hope you'll find this helpful for your study! "Balang araw masasabihin din nating, CPA na ako" - Nevest Love you all ABM and BSA students.
