{"id":57272,"date":"2024-04-16T00:59:08","date_gmt":"2024-04-16T00:59:08","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=57272"},"modified":"2024-04-16T00:59:08","modified_gmt":"2024-04-16T00:59:08","slug":"the-money-received-by-owner-in-business-is-known-as","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/the-money-received-by-owner-in-business-is-known-as\/","title":{"rendered":"The money received by owner in business is known as-"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;Capital&#8221; option2=&#8221;Goods&#8221; option3=&#8221;Assets&#8221; option4=&#8221;Building&#8221; correct=&#8221;option1&#8243;]<!--more--><\/p>\n<p>The correct answer is: <strong>A. Capital<\/strong><\/p>\n<p>Capital is the money that is invested in a business. It can be used to purchase assets, such as equipment and inventory, or to pay for expenses, such as rent and salaries. Capital is essential for any business to operate and grow.<\/p>\n<p>Goods are the products or services that a business sells. They can be tangible, such as cars or clothes, or intangible, such as consulting services. Goods are the primary source of revenue for most businesses.<\/p>\n<p>Assets are anything that a business owns that has value. They can be tangible, such as equipment and inventory, or intangible, such as patents and trademarks. Assets are used to generate revenue and profits for a business.<\/p>\n<p>Buildings are structures that are used for business purposes. They can be office buildings, factories, or retail stores. Buildings are a type of asset that can generate revenue for a business.<\/p>\n<p>In conclusion, the money received by the owner in business is known as capital. Capital is essential for any business to operate and grow.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;Capital&#8221; option2=&#8221;Goods&#8221; option3=&#8221;Assets&#8221; option4=&#8221;Building&#8221; correct=&#8221;option1&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[85],"tags":[],"class_list":["post-57272","post","type-post","status-publish","format-standard","hentry","category-accounting","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The money received by owner in business is known as-<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/the-money-received-by-owner-in-business-is-known-as\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The money received by owner in business is known as-\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;Capital&#8221; 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