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In contrast, unincorporated businesses or individuals working on their very own are normally not as protected. Service businesses supply intangible items or services and typically charge for labor or other services offered to government, to shoppers, or to different businesses. The dimension and scope of the enterprise agency and its structure, administration, and ownership, broadly analyzed in the concept of the agency. Because the single owner is personally responsible for debts and obligations incurred in reference to the business, no particular rules are needed to protect its collectors beyond the odd provisions of chapter regulation. Accounting is the measurement, processing, and communication of financial information about financial entities corresponding to businesses and firms. The fashionable field was established by the Italian mathematician Luca Pacioli in 1494. Accounting, which has been called the "language of business", measures the results of an organizatio