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What is borrowed fund

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What is borrowed fund

Posted by Anis Champaian 4 years, 11 months ago

CBSE > Class 11 > Business Studies

1 answers

Yogita Ingle 4 years, 11 months ago

It includes funds available in the form of loans or credit
It is not permanent source of investment.
The debts of company are secured.
No control rests with providers of borrowed funds.
It is backed by security of assets.

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