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What do you understand by financial decisions? Explain briefly about owner funds and borrowed funds?

Posted by Natasha Mishra 3 years, 1 month ago

CBSE > Class 12 > Business Studies

1 answers

Sia ? 3 years, 1 month ago

The fund invested by the owner as well as an accumulated profit of the business is known as the owner's fund. Any loan or credit taken by the business unit from other financial institutions is called a borrowed fund. The owner's contribution to capital is permanent in nature.

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