Sources of Business Finance
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Which of the following is not true?
  • Factors receiver debt of clients
  • Retained earnings are internal source of capital
  • Lessee can use the asset for whole life
  •  Debentures are debt capital of company

C.

Lessee can use the asset for whole life
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    Give meaning of business finance.
    Answer
     Public deposits are received from:
    • Debtors
    • Public in general
    • Post office
    • Banks
    Answer
     Name that type of finance which is required for a period upto one year.
    Answer
    Name the deposit which is directly accepted from public
    Answer
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