Home » Commerce » A trader started business with #30,000 and spent #20,000 in buying premises and equipment, the…A trader started business with #30,000 and spent #20,000 in buying premises and equipment, the… A trader started business with #30,000 and spent #20,000 in buying premises and equipment, the balance of #10,000 is his A. authorised capital B. fixed capital C. working capital D. capital owned E. called-up capital Correct Answer: Option C Explanation Related Posts Which of the following relies on the government for its initial capital? Who is responsible for the payment of the bill in a documentary credit The luxurious boats used for passengers from one town to another are Quantity discount is offerred mainly to persuade the buyer to The main objective of corporate mergers is to? Write Explanatory Notes on Each of the Following Terms as Used in Insurance
