English, asked by yadavboy9720, 4 months ago

what are the public deposit
what is borrowed fund​

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Answered by mjahnavi
0

Answer:

Public deposits refer to the unsecured deposits invited by companies from the public mainly to finance working capital needs.

&

Borrowed funds refer to the borrowings of a business firm. In a company, borrowed funds consist of the finance raised from debenture holders, public deposits, financial institutions and commercial banks.

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Answered by Anonymous
0

Answer:

hope it will help you..........

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