cash goods or assets inversted by the proprietor in the business for earning profit is called
Answers
Answer:
Capital represents that amount which is invested by the proprietor in the business. It may be in the form of cash, goods or assets. It is excess of assets over liabilities at a given time.
Explanation:
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Cash goods or assets invested by the proprietor in the business for earning is capital
Explanation:
The sum of cash, products or resources which is at first contributed by proprietor whereas commencing to gain benefits . In other words , the overabundance of resources over obligation is capital. The financial concept of a capital great is as a" arrangement of heterogeneous commodities , each having particular specialized characteristics " within in the generation of merchandise or administration .Assets are critical pieces of property such as homes, cars ,speculation properties , stocks , bonds. and indeed collectibles or craftsmanship.