vishalbhardwaj45
Debit:an amount of money paid out of a bank account Credit: a way of buying goods or services and not paying for them until later Assets: It is the security for loan such as house, building. Liabilities: a thing for which someone is responsible, especially an amount of money owed. capital: an amount of money that you use to start a business or to put in a bank, etc. so that you earn more money (interest) on it
vishalbhardwaj45
Working capital: The capital of a business which is used in its day-to-day trading operations, calculated as the current assets minus the current liabilities
Answers & Comments
Credit: a way of buying goods or services and not paying for them until later
Assets: It is the security for loan such as house, building.
Liabilities: a thing for which someone is responsible, especially an amount of money owed.
capital: an amount of money that you use to start a business or to put in a bank, etc. so that you earn more money (interest) on it