FRANKLY SPEAKING  +  288976 Fri, 03 Nov 06 03:33 PM Could any one who's well know about business and its keywords explain the sentence which is illustrated in the text -" If a business is to be started, funds must first be obtained from some source. The money may come from the would-be businessman's personal savings ---- in which case it is called equality capital --- or it may be borrowed from a bank ." Thanks in advance . FRANKLY SPEAKING Joined on Sat, Aug 26 2006 Junior Member 88 Practice makes Perfect Articles

	Grammar Geek  +  288977 Fri, 03 Nov 06 03:38 PM The person who wants to start the business is the "would-be businessman." The phrase "would-be" is used to mean that this person would be [that thing] if the circumstances allowed it. So if I wanted to start a business and I used my own savings account, the money is coming from this would-be businesswoman's personal savings. Capital is another word for "money that is avialable to spend." This article says that if the business owner uses his own money, it's called "equality" capital - I would ask that you look that part up again. It should be "equity." Does that explain it?  Grammar Geek Joined on Tue, Jan 10 2006 Veteran Member 19,683 Barbara, who answers in American English. My housekeeping skills attest to the truth of the second law of thermodynamics: Left to themselves, things get more and more random! Articles

	FRANKLY SPEAKING  +  288983 Fri, 03 Nov 06 03:58 PM Thanks so much , you are more than intellectual person ... I looked the part up again and found that it is equity " as you said " with regards FRANKLY SPEAKING Regards, Articles

	Mister Micawber  +  310692 Fri, 05 Jan 07 08:47 AM Financial Statements under accrual accounting system = the financial statements are prepared using the accrual method of accounting. Accrual accounting:  the most widely used accounting method, in which a company's income and expenses are recorded at the time they earned or incurred, regardless of the actual date of receipt or payment. Mister Micawber Joined on Wed, Aug 4 2004 Yokohama Veteran Member 30,807 'The question is,' said Humpty Dumpty, 'which is to be master-- that's all.' Dates, Articles

	Souki  +  328794 Tue, 13 Feb 07 05:49 PM its that the man who is trying to set up his own business may take some money from his personal account __ in this case we are gonna have an equality capital  __(we are talking about the capital of the company ), or he gonna take a credit from a bank Souki Joined on Tue, Oct 24 2006 New Member 20 Articles