Business Studies, asked by ashalathadd, 5 hours ago

Which of the following funds can be classified under ownership basis? (a) Short term funds (b) Borrowed funds (c) Long-term funds (d) medium term funds​

Answers

Answered by Sharanjeet05
0

Answer:

your answer is

(b) borrowed fund

Explanation:

I hope it help you

Answered by Anonymous
0

The funds that can be classified under ownership basis are (b)  Borrowed funds.

  • Owner's funds mean funds that are procured by the owners of a business, which may be a sole entrepreneur or partners or shareholders of a business.
  • It also includes profits that are reinvested in the business.
  • The sources for raising borrowed funds include loans from commercial banks, loans from financial institutions, issues of debentures, public deposits and trade credit.
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