Question

explain the meaning of any three of the following terms 1 liability. 2 stock. 3 business transaction 4 drawing​

Answer 1

Answer:

• Liability : Liability refers to a person or a thing that can cause a lot of problems, cost a lot of money, etc.
• Stock : Stock means an amount of something that has been kept ready to use.
• Business : Business refers to the buying and selling as a way of earning money.

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Answer 2

Answer:

class mark = 189.5

Explanation:

Class mark : it is also called midpoint of class

→ The class midpoint (or class mark) is a specific point in the center of the class in a frequency distribution table.

and average of the upper and lower class limits.

Ex: class mark of 180−199

Average of the class limits

= 2180+199

= 2379

= 189.5

∴ class mark =189.5