Question

Define the term 'Purchase'.Explain.
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Answer 1

Answer:

hlo frnd here is ur answer..

Explanation:

purchase is getting something by paying it.....

for example I will purchase a book...

hope it helps u friend....

Answer 2

Explanation:

The term Purchase is used for purchase of goods for resale or for production the finished products which are to be sold. The term Purchase includes both cash and credit purchases of goods. Goods purchased for cash are termed as cash purchases and goods purchased on credit are termed as Credit Purchase.