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Why capital is liability for the business ?i want simple and exact answer .?
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Why capital is liability for the business ?i want simple and exact ans...
Simply think business and you are separate one. its yours money invested in the business in the name of capital. so business have to repay your amount. So from view point of business, its the liability. every transactions in accounting is recorded in business point of view. keep this point always.
Community Answer
Why capital is liability for the business ?i want simple and exact ans...
Capital is owner's investment in business. The concept of business entity says that business has a separate identity from owner. Due to this capital is treated as an internal liability.
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Why capital is liability for the business ?i want simple and exact answer .? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Why capital is liability for the business ?i want simple and exact answer .? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Why capital is liability for the business ?i want simple and exact answer .?.
Why capital is liability for the business ?i want simple and exact answer .? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Why capital is liability for the business ?i want simple and exact answer .? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Why capital is liability for the business ?i want simple and exact answer .?.
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