Differentiate between credit and caption.
Answers
Answered by
4
Answer:
do you means capital?.....if yes then here is your answer..
Capital: Capital is a term for financial assets, such as funds held in deposit accounts and/or funds obtained from special financing sources. Capital can also be associated with capital assets of a company that requires significant amounts of capital to finance or expand.
Credit: Credit is generally defined as an agreement between a lender and a borrower, who promises to repay the lender at a later date—generally with interest. In accounting, a credit may either decreases assets or increases liabilities and equity on a company's balance sheet.
hope it help
Similar questions
Social Sciences,
4 months ago
Social Sciences,
4 months ago
Chemistry,
4 months ago
Social Sciences,
8 months ago
Science,
8 months ago
Hindi,
1 year ago