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What is propriwter ship

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What is propriwter ship

Posted by Mustaqeem Saifi 8 years, 6 months ago

CBSE > Class 11 > Accountancy

1 answers

Jassy Sandhu 8 years, 6 months ago

Proprietorship refers to the business which is controlled by an individual or one person. He is the only one owner of his business. All responsibilities lies to him only and he has to bear all the losses individually. He has to control the whole show therefore he needs big capital. Thnku.. ! Hope this will help u..!❤

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