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Q.

The clay used by potters illustrates ____ capital.


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Detailed Solution

The clay used by potters illustrates working capital.
Additionally, making payments and purchasing other necessary products during production costs money. A potter, also known as a pottery maker, is a craft artist who uses his artistic abilities to create bowls, plates, mugs, vases, and other pieces of artwork. The potter uses clay as a raw material to create pottery, and money is utilised to purchase these materials. It is a working capital. As a result, it is acquired using working capital used by the company. Money and raw materials are needed to start manufacturing various goods.
 
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