Question

* Distinguish between
1)Owned Capital and Borrowed capital​

Answer 1

Answer:

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Explanation:

Owned Capital refers to the Capital collected by issuing various types of shares. Borrowed capital refer tot he capital collected by issuing debentures, bonds, taking loans from banks. ... It is the permanent capital, as the company is not under obligation to repay the amount during its lifetime.

Answer 2

Explanation:

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