Define :
Debit
Credit
Assets
Liabilities
Capital
subrinadhanraj:
And also working capital
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debit:an amount of money paid out of a bank account
Credit: a way of buying goods or services and not paying for them until later
Assets: It is the security for loan such as house, building.
Liabilities: a thing for which someone is responsible, especially an amount of money owed.
capital: an amount of money that you use to start a business or to put in a bank, etc. so that you earn more money (interest) on it
Credit: a way of buying goods or services and not paying for them until later
Assets: It is the security for loan such as house, building.
Liabilities: a thing for which someone is responsible, especially an amount of money owed.
capital: an amount of money that you use to start a business or to put in a bank, etc. so that you earn more money (interest) on it
Can you please define working capital.
yes I can define working capital and I am humble request to you please mark me as braniliest please
Them please define it.
Working capital: The capital of a business which is used in its day-to-day trading operations, calculated as the current assets minus the current liabilities
now please mark me as braniliest
Okay
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