The sales income (Credit and Cash) of a business during a given period is called
A. Transactions
B. Sales Returns
C. Turnover
D. Purchase Returns
Answer: Option C
Solution(By Examveda Team)
The sales income (Credit and Cash) of a business during a given period is called Turnover. In the investment industry, turnover is defined as the percentage of a portfolio that is sold in a particular month or year.This Question Belongs to Commerce >> Accounting
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I think the answer is transaction
the turnover concept is large it not only include sale
How it is