Social Sciences, asked by mary724, 1 year ago

what do u mean by the term GST, liability, livestock, accounting and profit.​

Answers

Answered by nayeemsheikh1961
0

Answer:

hey mate

Explanation:

  • GST : the goods and services taxes (GST)is a value added tax levied on most goods and services sold for domestic consumption.but it is remitted to the government by the business selling the goods and services.
  • LIABILITY: a liability is something a person or a company owes usually a sum of money.
  • LIVESTOCK : it is commonly defined as domesticated animals raised in an agricultural settings to produce meat ,eggs,milk ,fur,leather and wool .
  • ACCOUNTING PROFIT: it is a company's total earnings , calculated according to generally accepted accounting principles(GAAP).
  • HOPE IT HELPS
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