Most business can be divided into three basic types: service, merchandising, and manufacturing. Which type of business you are working with will affect the way accounting is done. In this short video you will be introduced to all three types and look at some examples of businesses that fit in each.
This video was created in relation to the Utah State CTE standards for the Accounting I High School course. Specifically, this video prepares students to complete Strand 1, Standard 3: Identify and explain business structures.
