Under which concept, Owner of business is treated as creditor to the extent of his capital?

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Separate Entity concept.
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Kiruthiga
What is meant by Capital?
In simple terms any thing bring by the owner of business to start the business activity or for investing
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What are the fixed assets? Give example.
as per as 10 fixed asset is an asset which is beingh kept in the business for the purpose producing goods or rendering services i e that asset is not being held for the purpose of sale in the normal course...
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Define Matrix.
Collection of numbers arranged in rows and columns.
Deepti

What will be the effect of change in income on giffin goods and normal goods ? 

Giffen goods are a special kind of inferior products in which demand increases when price increases. But in the case of income changes, there's an inverse relationship between market and income. With an...
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