Ask Question
13 February, 00:03

Explain capital gains and losses.

+4
Answers (1)
  1. 13 February, 01:53
    0
    Capital gains raises the value of a capital asset so it has a higher worth than purchase price

    Capital losses is when a capital asset decreases in value. Attention is only brought to the loss when the asset it sold for a lower price than it's original purchase price
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Explain capital gains and losses. ...” in 📙 Social Studies if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers