India Languages, asked by siyashetty484, 9 months ago

Why Proprietor's capital account is a liability for the buisness?

Answers

Answered by Anonymous
2

Answer:

The owner of the business lends its own business money

The owner of the business lends its own business moneyWhile starting a business, you need funds or capital which is anything that the owner of the business brings forth to commence the business. ... That's why capital forms a special liability and it not the same as other long term or short term liabilities in business.

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