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  • Capital is the difference between :
Multiple choice

Capital is the difference between :

  1. Income and expenses

  2. Sales and cost of goods sold

  3. Assets and Liabilities

  4. Only Income

  5. None of these

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The difference between the assets and the liabilities is known as equity or the net assets or the net worth

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