Describe the operating activities for the following companies :(i) Tra – InterviewSolution

InterviewSolution

1.

Describe the operating activities for the following companies :(i) Trading companies(ii) Insurance Companies(iii) Bank

Answer»

(i) Trading Companies – Activities of purchase-sales of goods.

(ii) For Insurance companies – Premium income and payment of claim.

(iii) For Banks – Lending of loan and acceptance of deposits.

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