Multiple Choice Questions on Cash invested by the owner is called ........ for UPSC EPFO Exam Preparation

Introduction to Accounting

General Accounting Principles

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    Cash invested by the owner is called

    Asset

    Incorrect Answer

     Liabilities

    Incorrect Answer

    Capital

    Correct Answer

    Loan

    Incorrect Answer
    Explanation:

    Capital is the cash invested by owner
    Capital=Asset- Liabilities


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