Accountancy, asked by Anonymous, 11 months ago

heya user✌️

Define- Rebate

Entity

Answers

Answered by AnanyaSrivastava999
1
Rebate : Rebate can be defined as a concession or off or discount on any thing specially fee

Entity : something that exists separately from something else and has its own identity
Answered by Anonymous
1
Heya user✨

Entity➡️An entity means and economic unit which perform economic activities .A business entity means and Enterprise established in accordance with law to engage in business activities .

Rebate➡️It is the reduction in price allowed by the seller of goods after the goods have been sold .Stating differently rebate is offered and allowed on sales completed in past .
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