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BASIC DEFINATION

KNOW YOUR CAPITAL BASIC, LEARNING NOTES / 1 minute of reading
ASSET DEFINITION
LIABILITY DEFINITION
INCOME DEFINITION
EXPENSES DEFINITION

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Capital Quote

“Capital as such is not evil; it is its wrong use that is evil. Capital in some form or other will always be needed”

Mahatma Gandhi

 

Capital Quote

“Capital is that part of wealth which is devoted to obtaining further wealth”

Alfred Marshall

Capital Quote

Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration

Abraham Lincoln