Name the term associated with the following – i) The articles in which a business deals. ii) The amount invested by the owner in the business. iii) The person who owes amount to the business on account of credit sales of goods or services.

Dear Student,

The terms associated are as follows.

(i) The articles in which a business deals: Goods
(ii) The amount invested by the owner in the business: Capital
(iii) The person who owes amount to the business on account of credit sales of goods or services: Debtors

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