Question

The article sold, purchased or produce by a businessman is called?

Answer 1

Answer:

Goods refer to the products in which the business units is dealing, i.e in terms of which it is buying and selling or producing and selling. ... Similarly, for stationary merchant, stationary is goods, whereas for others it is an item of expense (not purchases).

Explanation:

⤵️Follow Me...

Answer 2

The article sold, purchased, or produced by a businessman is called goods.

• Goods is a basic term in business.
• It refers to tangible items that can be transported and stored.
• Goods may be raw materials, supplies, or already completed goods.
• In business, goods are produced and sold.
• Then the buyer owns it.
• Goods are useful for the customers but they are limited in availability.
• So if you want to own them, then you have to buy them.