Shivangi wants to buy a new laptop wit latest features and wants to sell the old laptop before buying the new one. So, she listed her old laptop on Quicker.com. She received good response from her post and was able to sell the laptop at good price. Identify the component of e-business being described above.
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Explanation:
Louis Dixon, a dentist, resigned from his position with a large dental group in order to begin his
own pediatric dental practice. The practice was organized as a sole proprietorship, called Louis
Dixon Pediatric Dentistry. The business transactions during September while the new venture was
being organized are listed below.
Sept. 1
Sept. 10
Dixon opened a bank account in the name of the business by depositing $50,000 cash,
which he had saved over a number of years.
Purchased a small office building located on a large lot for a total price of $182,400,
of which $106,000 was applicable to the land and $76,400 to the building. A cash
payment of $36,500 was made and a note payable was issued for the balance of the
purchase price.
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