Economy, asked by sonudiwale, 5 months ago

.. Explain the following terms/concepts :
(1) Owned Capital​

Answers

Answered by 1130037
3

Answer:

Solution. (a) The capital raised by the company with the help of owners (shareholders) is called owned capital or ownership capital. Owned capital is regarded as permanent capital, as it is returned only at the time of winding up of the company.

Similar questions