kg1498341 kg1498341
  • 26-01-2022
  • Business
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difference between owners funds and borrowed funds​

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joshuawabankston2003 joshuawabankston2003
  • 26-01-2022

Answer:

The Owner's Funds are the total amount invested by the owner of an enterprise and the accumulated profits that they have reinvested in the business. The Borrowed Funds are the funds that a business raises through loans or borrowings from outside parties

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