Question

Excess of proprtion capital over actual capital is called

Answer 1

Answer:

Explanation:

A sole proprietorship, also known as a sole trader, is owned by one person and operates for their benefit. The owner operates the business alone and may hire employees. A sole proprietor has unlimited liability for all obligations incurred by the business, whether from operating costs or judgments against the business. All assets of the business belong to a sole proprietor, including, for example, a computer infrastructure, any inventory, manufacturing equipment, or retail fixtures, as well as any real property owned by the sole proprietor.

Answer 2

Answer:

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• ⇒ Excess of proprtion capital over actual capital is called Surplus Capital