Capital
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 July 2011
hello sir i am a stuedent of class 22th i want to know why we treated capital as liability.
15 May 2012
Capital is treated as liability becuase it is payable by the enterprise to the owner who has given funds to the enterprise for carrying on business.
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