Explain the following terms:
1-capital
2-stock
3-voucher
I want 3 marker answer
Answers
Explanation:
Capital includes all goods that are made or created by humans and used for producing goods or services. Capital can include physical assets, such as a production plant, or financial assets, such as an investment portfolio. ... Capital can also refer to money invested in a business to purchase assets.
A stock is a general term used to describe the ownership certificates of any company. A share, on the other hand, refers to the stock certificate of a particular company. Holding a particular company's share makes you a shareholder. Description: Stocks are of two types—common and preferred.
A voucher is an accounting document representing an internal intent to make a payment to an external entity, such as a vendor or service provider. A voucher is produced usually after receiving a vendor invoice, after the invoice is successfully matched to a purchase order.
Answer:
1) Generally speaking the term capital refers to any financial resources or assert owned by business that are useful in featureing development and generating income ... capital can also mean stock or ownership in a company
2) A stock is a generally term used to describe the ownership certificates of any company .A share , on the other hand, refer to the stock the a particular company.Holding a particular company share makes you a shareholder.
3)A voucher is a document used by company accounts payable department containing the supporting documents for an invoice .A voucher is essentially the backup documents for accounts payable , which are bills owned by companies to vendors and suppliers