Capital

Capital is the money set aside by a business to operate; and it can be turned into assets such as raw materials, machinery, tools, building, finished products, cash in bank, and debts to the business as the business continues.

It is in this lucid manner that this book will teach you capital.

It clearly explains the major sources of capital for a sole proprietorship. They include the personal savings, loans from friends and relatives, bank loans and retained profit.

It analyzes the major sources of capital for a partnership. They include the contributions from the partners, money from new partners, bank loans and undistributed profit.

It appraises the major sources of capital for a public company. They include the shares, debentures, bond, bank loans and undistributed profit.

It discusses the different types of share. They include the ordinary shares, preference shares, cumulative preference shares, participating preference shares and redeemable preference shares.

It examines the different types of capital. They include the authorized capital, issued capital, called-up capital, paid-up capital, loan capital, fixed capital, working capital, capital employed and capital owned.

And it explores the balance sheet of a business. It throws light on the assets and liabilities of a business.

Dettagli