define any two of the following terms define
1.capital
2. assets
3.revenue
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Capital -Capital can also mean stock or ownership in a company.
*Capital can refer to funds raised to support a particular business or project.
* Capital can also represent the accumulated wealth of a business, represented by its assets less liabilities.
Assets- Things that are resources owned by a company and which have future economic value that can be measured and can be expressed in INR.
Examples include cash, investments, accounts receivable, inventory, supplies, land, buildings, equipment, and vehicles.
Revenue- Fees earned from providing services and the amounts of merchandise sold.
Eg : amount received from sales, income received from audit , interest income
hope its useful
*Capital can refer to funds raised to support a particular business or project.
* Capital can also represent the accumulated wealth of a business, represented by its assets less liabilities.
Assets- Things that are resources owned by a company and which have future economic value that can be measured and can be expressed in INR.
Examples include cash, investments, accounts receivable, inventory, supplies, land, buildings, equipment, and vehicles.
Revenue- Fees earned from providing services and the amounts of merchandise sold.
Eg : amount received from sales, income received from audit , interest income
hope its useful
sujiritha95:
pls mark it as brainliest answer
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Capital:- The amount invested in an enterprise (proprietorship, partnership or company) by the owner is called capital.
Capital increases by the amount of profits earned and additional capital brought in by the owners.
It decrease by the amount of loss incurred and drawings.
Assest:- The term Asset implies the items of property owned by the business. An asset is any owned physical object (tangible) or right (intangible) having a money value. Asset is any cost benefiting a future period.
Capital increases by the amount of profits earned and additional capital brought in by the owners.
It decrease by the amount of loss incurred and drawings.
Assest:- The term Asset implies the items of property owned by the business. An asset is any owned physical object (tangible) or right (intangible) having a money value. Asset is any cost benefiting a future period.
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