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Why owner fund is not liability on the business

Posted by Ravi Sidhu Sidhu 7 years ago

CBSE > Class 11 > Business Studies

4 answers

Ravi Sidhu Sidhu 7 years ago

Please read my question owner fund is not liability on business like borrowed fund what is the reason behind it???????

0Thank You

Cbse Guide 7 years ago

It is an internal liability as accounting is done from a business perspective and according to business entity principle, business and owner are seperate characters or entities.

0Thank You

Ravi Sidhu Sidhu 7 years ago

Owner fund is not liability on business why

0Thank You

Rajat Vashisth 7 years ago

Who said? It is a liability.

2Thank You

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