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#1. _________ is the legal activity performed to earn profits.
#2. To get the financial results, businesses uses the following process for recording, classifying and summarising all the business transactions.
#3. The cash available with the business is fixed asset
Cash is current asset.
#4. A Building is
#5. The vendor/seller gives a trade discount only on credit transactions
The vendor/seller gives the trade discount both on cash/credit based transactions.