T. Trader sets aside from his private funds N1500 for business purposes. The N1500 would be referred to as? by Sunday | Aug 19 | Accounting WAEC | 0 comments A. capital B. loan C. reserve D. drawings E. profit Correct Answer: Option A – capital Users Also Read These:A major advantage of the private company over a…A trader started business with #30,000 and spent…The profit of sole trader increases his?A private limited liability company can source funds…A partnership sourcing for funds to expand its…