Accountancy, asked by saksham181104, 10 months ago

Why capital is treated as internal liability?


Answers

Answered by shambhavi12102005121
0

Answer:

Mainly and conclusion:- We know by, business entity concept business is separated from its owners. So, by this view Owners Are just like outsiders that will paid off his capital after retirement and it is a internal liability because it is of owners.

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