Question

what are the souce of income of sole trader​

Answer 1

Answer:

1)Personal Capital. The sole trader can invest his own savings into his business for expansion.

2)Retained Profit. A profitable business generates 3)a positive net income every year.

4)Sale of Assets.

5)Sale and Lease Back.

6)Loans and Credit Lines from Banks.

7)Hire Purchase.

Answer 2

Answer:

The sole trader can invest his own savings into his business for expansion. Retained profit. A profitable business generates a positive net income every year. Sale of assets.

Hope it helps you mate.........