Business Studies, asked by sagarkumarkarn48, 2 months ago

5. Difference between owner's fund and borrowed fund on the basis of meaning, time period
and control.​

Answers

Answered by spoorthiKT
0

Answer:

The difference between the owner's fund and borrowed fund tells about the different contribution of money in the business. The owner's fund is related to the accumulated profits of the business and his own capital investment. On the other side, borrowed funds include funds available in the form of a loan or credit.

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