Question

Explain the following tears.
(1) capital
(2)Assets
(3)Cash discount ​

Answer 1

Answer:

1.The capital means the assets and cash in a business. Capital may either be cash, machinery, receivable accounts, property, or houses. Capital may also reflect the capital gained in a business or the assets of the owner in a company.

2.asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that can be used to produce positive economic value. Assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset).

3.Cash discounts refer to an incentive that a seller offers to a buyer in return for paying a bill before the scheduled due date. In a cash discount, the seller will usually reduce the amount that the buyer owes by either a small percentage or a set dollar amount.

Answer 2

Answer:

$\huge \color{black} \boxed{ \colorbox{violet}{Aɴsᴡᴇʀシ︎}}$

Depreciation refers to the wear and tear of capital assets such as machinery, tools etc.

It is a decrease in the economic value of a company's stock of capital.